Question: What is the primary difference between time - series and associative forecasting models? Part 2 A . Associative models incorporate variables that might influence the
What is the primary difference between timeseries and associative forecasting models?
Part
A
Associative models incorporate variables that might influence the quantity being forecasted
B
Timeseries models are only used for economic forecasts
C
Timeseries models are only used for longrange forecasts
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
