Causal Models

question 32

Multiple Choice

Causal models

• A)provide evidence of a causal relationship between an independent variable and the variable to be forecast.
• B)use the average of the most recent data values in the time series as the forecast for the next period.
• C)occur whenever all the independent variables are previous values of the same time series.
• D)relate a time series to other variables that are believed to explain or cause its behavior.

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Definitions:

Social Categorisation

The process by which individuals classify others into groups based on shared characteristics.

Social Creativity

Group-based behavioural strategies that improve social identity but do not directly attack the dominant group’s position.

Social Change

The transformation over time of cultural values, norms, and social structures, leading to significant shifts in society.

Social Competition

Group-based behavioural strategies that improve social identity by directly confronting the dominant group’s position in society.