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GCPM · Question #352

Which of the following forecasting methods is described in the statement below? "It is based on the assumption that it is possible to identify some factors that might influence the variable that is…

The correct answer is B. Causal/econometric method. See the full explanation below for the reasoning.

Question

Which of the following forecasting methods is described in the statement below? "It is based on the assumption that it is possible to identify some factors that might influence the variable that is being forecasted."

Options

  • AJudgmental method
  • BCausal/econometric method
  • CTime series method
  • DEnsemble forecasting

How the community answered

(37 responses)
  • A
    11% (4)
  • B
    81% (30)
  • C
    3% (1)
  • D
    5% (2)

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