What Would Be the Least Accurate Forecast Method of Predicting

question 15

Multiple Choice

What would be the least accurate forecast method of predicting the weather two days into the future during changeable weather conditions?

• A)Trend method
• B)Persistence forecast
• C)Analog method
• D)Prediction by weather types
• E)Numerical weather prediction

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Definitions:

Excess Supply

A situation where the quantity of a good or service supplied is greater than the quantity demanded at a given price.

Equilibrium

A state where supply equals demand, allowing the market for a good or service to stabilize at a certain price and quantity.

Price Elasticity of Demand

A measure that calculates the responsiveness, or elasticity, of the quantity demanded of a good to a change in its price.

Price Ceiling

A government-imposed limit on the price charged for a product, intended to prevent prices from rising too high.