Back
0

Forecasting Techniques in Educational Planning

Description: This quiz covers various forecasting techniques used in educational planning, including time series analysis, causal models, and expert opinion.
Number of Questions: 15
Created by:
Tags: educational planning forecasting techniques time series analysis causal models expert opinion
Start the Quiz
Attempted 0/15 Correct 0 Score 0
‹
›

Which of the following is not a component of the Box-Jenkins methodology for time series analysis?

  1. Identification

  2. Estimation

  3. Diagnostic checking

  4. Forecasting

Show answer
Correct Option: D
Explanation:

Forecasting is not a component of the Box-Jenkins methodology, but rather the goal of the methodology.

What is the purpose of the autocorrelation function (ACF) in time series analysis?

  1. To identify the order of the autoregressive (AR) model

  2. To identify the order of the moving average (MA) model

  3. To identify the order of the mixed autoregressive moving average (ARMA) model

  4. All of the above

Show answer
Correct Option: D
Explanation:

The ACF is used to identify the order of the AR, MA, and ARMA models.

Which of the following is not a type of causal model used in educational planning?

  1. Regression analysis

  2. Structural equation modeling

  3. Input-output analysis

  4. Markov chain analysis

Show answer
Correct Option: D
Explanation:

Markov chain analysis is not a type of causal model, but rather a type of time series analysis.

What is the purpose of expert opinion in educational planning?

  1. To provide information about future trends

  2. To validate the results of other forecasting techniques

  3. To generate alternative forecasting scenarios

  4. All of the above

Show answer
Correct Option: D
Explanation:

Expert opinion can be used for all of the above purposes.

Which of the following is not a factor to consider when selecting a forecasting technique for educational planning?

  1. The availability of data

  2. The timeliness of the data

  3. The accuracy of the data

  4. The cost of the data

Show answer
Correct Option: D
Explanation:

The cost of the data is not a factor to consider when selecting a forecasting technique.

What is the main advantage of using a time series analysis technique for educational planning?

  1. It can be used to forecast future trends

  2. It is easy to use

  3. It is accurate

  4. It is inexpensive

Show answer
Correct Option: A
Explanation:

The main advantage of using a time series analysis technique is that it can be used to forecast future trends.

What is the main disadvantage of using a causal model for educational planning?

  1. It can be difficult to specify the causal relationships between variables

  2. It can be difficult to estimate the parameters of the model

  3. It can be difficult to validate the model

  4. All of the above

Show answer
Correct Option: D
Explanation:

All of the above are disadvantages of using a causal model for educational planning.

What is the main advantage of using expert opinion for educational planning?

  1. It can provide information about future trends

  2. It can be used to validate the results of other forecasting techniques

  3. It can generate alternative forecasting scenarios

  4. All of the above

Show answer
Correct Option: D
Explanation:

All of the above are advantages of using expert opinion for educational planning.

Which of the following is not a type of time series analysis technique?

  1. Autoregressive integrated moving average (ARIMA)

  2. Exponential smoothing

  3. Moving average (MA)

  4. Markov chain analysis

Show answer
Correct Option: D
Explanation:

Markov chain analysis is not a type of time series analysis technique, but rather a type of causal model.

What is the purpose of the partial autocorrelation function (PACF) in time series analysis?

  1. To identify the order of the autoregressive (AR) model

  2. To identify the order of the moving average (MA) model

  3. To identify the order of the mixed autoregressive moving average (ARMA) model

  4. All of the above

Show answer
Correct Option:
Explanation:

The PACF is used to identify the order of the AR model.

Which of the following is not a type of causal model used in educational planning?

  1. Regression analysis

  2. Structural equation modeling

  3. Input-output analysis

  4. Markov chain analysis

Show answer
Correct Option: D
Explanation:

Markov chain analysis is not a type of causal model, but rather a type of time series analysis.

What is the purpose of expert opinion in educational planning?

  1. To provide information about future trends

  2. To validate the results of other forecasting techniques

  3. To generate alternative forecasting scenarios

  4. All of the above

Show answer
Correct Option: D
Explanation:

Expert opinion can be used for all of the above purposes.

Which of the following is not a factor to consider when selecting a forecasting technique for educational planning?

  1. The availability of data

  2. The timeliness of the data

  3. The accuracy of the data

  4. The cost of the data

Show answer
Correct Option: D
Explanation:

The cost of the data is not a factor to consider when selecting a forecasting technique.

What is the main advantage of using a time series analysis technique for educational planning?

  1. It can be used to forecast future trends

  2. It is easy to use

  3. It is accurate

  4. It is inexpensive

Show answer
Correct Option: A
Explanation:

The main advantage of using a time series analysis technique is that it can be used to forecast future trends.

What is the main disadvantage of using a causal model for educational planning?

  1. It can be difficult to specify the causal relationships between variables

  2. It can be difficult to estimate the parameters of the model

  3. It can be difficult to validate the model

  4. All of the above

Show answer
Correct Option: D
Explanation:

All of the above are disadvantages of using a causal model for educational planning.

- Hide questions
ADVERTISEMENT

Find more quizzes from top tags

general knowledge
3615 Quizzes
119858 Questions
 technology
307 Quizzes
36705 Questions
 sports
963 Quizzes
19148 Questions
 history
1187 Quizzes
13475 Questions
 physics
598 Quizzes
13441 Questions
 biology
1160 Quizzes
12174 Questions
 science & technology
551 Quizzes
11015 Questions
 chemistry
490 Quizzes
9892 Questions
 maths
518 Quizzes
9324 Questions
 softskills
0 Quizzes
7131 Questions