Which of the following is true of HR forecasting methods? a Organizations should try to use both statistical and judgmental methods in forecasting labor and supply. b In statistical methods, a "leading indicator" is an objective measure that accurately predicts future labor supply. c Statistical methods are poor at capturing historic trends in labor demands. d The predictions made via statistical methods are always more precise than those made via judgmental methods..

Urgently need

D.) compute MAPE for each data set. Which forecast appears to be more accurate?

The actual values for a data set all range between 100 and 200, and a manager develops a forecast model for the data. If the mean squared error and the mean absolute deviation error measurements for forecast are identical, what can we conclude about the forecast?   a. This is mathematically impossible.   b. The forecast is accurate.   c. The forecast tends to overpredict.   d. The forecast tends to underpredict.

Give correct answer and give explaination and give summary at last.

Interpret the MAD of the most accurate among the forecasting models below. A. Naïve approach;B. 5-month SMA model;C. WMA model with weights 0.1, 0.3, and 0.6; orD. ES model with α = 0.5 and a forecast of 3,500 liters in the first month.

Which of the following best describes the human resource forecasting process? Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer a b C d a basic pattern that flows from a micro perspective to a macro perspective a macro perspective that takes into account general trends in society and the economy a basic pattern that flows from a macro perspective to a micro perspective a micro-level perspective that focuses more directly on challenges that are specific to the

Which of the following is not a step in the forecasting process? O a. select a forecasting model O b. eliminate all assumptions O c. determine the purpose and level of detail required O d. establish a time horizon O e. monitor the forecast GE 321

Which one of the forecasting methods is capable of handling large amounts of data and uncovering complex relationships? O a. Qualitative forecasting O b. Weather forecasting O c. Quantitative forecasting O d. Sales forecasting