The Was a Process Used for Forecasting That Was Developed

question 17

Multiple Choice

The was a process used for forecasting that was developed by the RAND corporation

• A)quantitative time series analysis
• B)derived forecasts
• C)brainstorming
• D)none of the above

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Definitions:

Marginal Probability

The probability of an occurrence of a single event without consideration of any other events.

Coefficient of Correlation

A quantitative gauge assessing the force and trajectory of a linear linkage between a pair of elements.

Covariance

A measure that indicates the degree to which two variables change together, showing if increases in one variable tend to be associated with increases or decreases in the other.

Marginal Probability

The probability of an event occurring, taken in isolation, without consideration of any other related events.