Which of the Following Forecasting Methodologies Is Considered a Causal

question 77

Multiple Choice

Which of the following forecasting methodologies is considered a causal forecasting technique?

• A)Linear regression
• B)Market research
• C)Historical analogy
• D)Moving average

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Definitions:

Elizabeth Loftus

A cognitive psychologist known for her work on the malleability of human memory and its implications for eyewitness testimony.

False Positive

A test result that wrongly indicates the presence of a condition or attribute when it is not actually present.

Sensory Memory

The shortest-term element of memory, which acts as a buffer for stimuli received through the senses, lasting up to a few seconds.

Selectively Attended

The cognitive process of focusing on a particular object in the environment for a certain period, while ignoring other perceivable information.