Time-Series Forecasting Models

question 15

Multiple Choice

Time-series forecasting models:

• A) are useful whenever changes occur rapidly and wildly
• B) are more effective in making long-run forecasts than short-run forecasts
• C) are based solely on historical observations of the values of the variable being forecasted
• D) attempt to explain the underlying causal relationships which produce the observed outcome
• E) none of the above

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