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Shade in the A or B circle for each question.
Draw a line connecting each item on the left to its match on the right.
| Left column | Right column | |
|---|---|---|
| 1Forecast forward 3 periods | APredictions get less reliable the further ahead you go, so 100 periods is far less accurate than 1. | |
| 2=FORECAST(13,B2:B13,A2:A13) | BPredicted sales next month: about 120 | |
| 3A prediction is an estimate based on a trend, not a certainty, so we say 'about' or 'around' | CA prediction is treated as a certainty. It should say the sales are predicted to be about 120. | |
| 4Predicting far past the known data is less reliable than predicting just one step ahead | DForecast 1 period = more reliable, Forecast 50 periods = risky | |
| 5Next month's sales will be exactly 120. | EExtends the trendline 3 time periods past the last data point to estimate future values | |
| 6Trendline forecast: 100 periods ahead is just as accurate as 1 period ahead | FPredicts the value for period 13 using the pattern in the existing data |
Complete each line of code by filling in the missing parts.
Shade in the letter of the line that contains an error.
prediction — Extending a trend past the known data, such as running a trendline forward, to estimate a future value. It is an estimate, not a certainty, and gets less reliable the further ahead you go.=FORECAST(6,B2:B6,A2:A6)Weeks 1 to 5 are in A2:A6
=FORECAST(6,B2:B6,A2:A6)Trendline: y = 2x + 10
=2*6+10Trendline: y = 2x + 10
=2*6+10A7 holds week 6
=FORECAST(A7,B2:B6,A2:A6)