1. Regression is the method users have the highest level of satisfac- regression tion with, despite empirical ¯ndings that time series methods are more accurate than explanatory (regression and econo-

metric) methods. However, since regression can be used for purposes other than simply obtaining forecasts, this ¯nding is not, therefore, surprising and proves the point made earlier:

higher accuracy is not the only criterion for selecting a certain forecasting method.