In case of business forecasting which of the following statements in...

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In case of business forecasting which of the following statements in not correct?

A. Short range forecasts are less accurate than long range forecasts

B. Under time series forecast data obtained from past experience is analysed

C. Index numbers in one of the methods of forecasting

D. Least squares method of business forecasting is also known as perfect/best line

Answer: Option A

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