Forecasting Models Can Be Divided into Three Groups

question 25

Multiple Choice

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

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

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Definitions:

Cognitive Therapies

A group of psychotherapeutic approaches aiming to change dysfunctional thoughts, behaviors, and emotions through problem-solving strategies.

Irrational Propensities

Tendencies to think or behave in an irrational manner, often leading to negative emotional outcomes or unproductive actions.

Consciousness Raising

The process of increasing awareness or enlightening individuals about certain issues, often to inspire change or social action.

Didactic Techniques

Teaching methods designed to instruct or provide information to students or participants.