Question: Question content area Part 1 What is the primary difference between time - series and associative forecasting models? Part 2 A . Time - series
Question content area
Part
What is the primary difference between timeseries and associative forecasting models?
Part
A
Timeseries models are only used for economic forecasts
B
Timeseries models are only used for longrange forecasts
C
Associative models incorporate variables that might influence the quantity being forecasted
D
Associative models do not predict demand
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
