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Sagot :
Using the latest observation in a sequence of data to forecast the next period is a naïve forecast. Option C
What is a naïve forecast?
A naïve forecast is a forecasting technique in which the last sequence of data are used for the next period's forecast without predictions or adjusting the factors that could affect it.
Forecasts that are produced using a naïve approach are equivalent to the final observed value gotten.
Thus, using the latest observation in a sequence of data to forecast the next period is a naïve forecast
Learn more about naïve forecast here:
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