Question: Question 6 What is the primary purpose of using a forecasting model? To estimate the range of possible future values of a variable. To predict

Question 6
What is the primary purpose of using a forecasting model?
To estimate the range of possible future values of a variable.
To predict the exact future value of a variable.
To predict the maximum and minimum possible future values of a variable.
To predict the most likely future value of a variable.
@This is incorrect. A forecasting model does not predict the most likely value, but a range of possible values.
Question 6 What is the primary purpose of using a forecasting

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