Question: The key difference between trend analysis and econometric modelling is: Select one: O a trend analysis is based on one single business factor to predict

The key difference between trend analysis and econometric modelling is: Select one: O a trend analysis is based on one single business factor to predict employment needs, while econometric modelling combines several factors O b. trend analysis makes predictions by projecting past trends into the future, while econometric modelling relies solely on present trends c. trend analysis is a much more time consuming and complex process O d econometric modelling is based on critical factors such as sales, birth rate, economic growth rate, income level, etc. while trend analysis is based on one and only one factor-sales

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