Suppose That Where You Live the Middle of January Is

question 22

Multiple Choice

Suppose that where you live the middle of January is typically several degrees warmer than the rest of the month. If you forecast this "January thaw" for the middle of next January, you would have made a ____.

• A) climatological forecast
• B) persistence forecast
• C) forecast based on weather types
• D) statistical forecast

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Definitions:

Increase

To increase or cause to increase in magnitude, quantity, intensity, or scope.

Alfred Marshall

A prominent British economist known for his work in microeconomics and for developing the concept of price elasticity of demand.

Economist

A professional in the social science discipline of economics, specializing in the analysis and interpretation of economic phenomena.

Demand and Supply

Fundamental economic concepts representing the quantity of a good or service consumers are willing and able to purchase and the quantity offered by sellers.