"Dynamic Models,usually Computer-Based,that Allow the Forecaster to Make Assumptions About

question 87

Multiple Choice

"Dynamic models,usually computer-based,that allow the forecaster to make assumptions about the internal variables and external environment in the model" is a definition for which of the following forecasting methodologies?

• A)Causal
• B)Simulation
• C)Focus forecasting
• D)Shiskin Time series
• E)Market research

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Definitions:

Estate

An individual's net worth in the eyes of the law, encompassing all personal property, real property, and other assets.

Ungifted Cash

Cash that a person holds and has not been received as a gift.

Outstanding Claims

Legal claims or demands for payment that have been made but not yet settled or paid.

Advance Directive

A legal document that specifies an individual's wishes regarding medical treatment in case they become unable to communicate their decisions.