The Use of Quarterly Data to Develop the Forecasting Model

question 13

Multiple Choice

The use of quarterly data to develop the forecasting model Y_t = a +bY_t-1 is an example of which forecasting technique?

• A)Barometric forecasting
• B)Time-series forecasting
• C)Survey and opinion
• D)Econometric methods based on an understanding of the underlying economic variables involved
• E)Input-output analysis

---

Definitions:

Millennials

The demographic cohort following Generation X, typically born between the early 1980s and mid-1990s to early 2000s.

Millennial Generation

A demographic cohort following Generation X, typically born between the early 1980s and mid-1990s, known for their comfort with technology and digital environments.

Video Games

Digital games that involve interaction with a user interface to generate visual feedback on a two- or three-dimensional video display device such as a TV screen or computer monitor.

Mobile Phone

A portable telephone that can make and receive calls over a radio frequency link while the user is moving within a telephone service area.