Which one of the following is not a component of demand?Group of answer choicesAverage demandHistorical dataSeasonal elementAutocorrelationA trend
Question
Solution 1
The component that is not part of demand is Autocorrelation. Autocorrelation is a statistical property of time series data related to the correlation between values of the same series over different periods. It is not a component of demand, but rather a tool used in the analysis of demand patterns. Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solv
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