1 Which of the following is used to alert the user of a fore

1.      Which of the following is used to alert the user of a forecasting model that a significant error occurred in one of the periods?

a)      a seasonal index

b)      a smoothing constant

c)      a tracking signal

d)     a regression coefficient

Solution

Correct option C.

A tracking signal

Explanation

Tracking signal is used to alert the user of a forecasting tool to periods in which the forecast was in significant error.