Question: Select all that is true of extrapolation (time series) methods of forecasting from the list below. (Select all that apply). a. Use past data of
Select all that is true of extrapolation (time series) methods of forecasting from the list below. (Select all that apply).
|
| a. Use past data of a time series variable to predict future values. |
|
| b. Cannot deal with new factors or drastically changes situations. |
|
| c. Use other variables to help explain the variable being forecasted. |
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
