Question: Which type of forecasting method relies on historical data and assumes that future patterns will resemble past patterns? a) Qualitative forecasting b) Time series forecasting
Which type of forecasting method relies on historical data and assumes that future patterns will resemble past patterns? a) Qualitative forecasting b) Time series forecasting c) Causal forecasting d) Delphi method
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
