Forecasting Models Can Be Divided into Three Groups

question 10

Multiple Choice

Forecasting models can be divided into three groups. They are:

• A) time series, optimization, and simulation methods
• B) judgmental, extrapolation, and econometric methods
• C) judgmental, random, and linear methods
• D) linear, non-linear, and extrapolation methods

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Definitions:

Atoi

Short for "ASCII to integer," a function that converts a string representation of an integer into its numerical value.

Independent Modules

Separate units or components of a software program that can function independently and are often developed separately but work together as part of the larger application.

C Functions

Blocks of code in C programming that perform a specific task and can be called from other parts of a program.

Variables

Symbols in programming that are used to store data values that can be changed during program execution.