Multiple Choice
The use of quarterly data to develop the forecasting model Yt = a +bYt−1 is an example of which forecasting technique?
A) Barometric forecasting
B) Time-series forecasting
C) Survey and opinion
D) Econometric methods based on an understanding of the underlying economic variables involved
E) Input-output analysis
Correct Answer:
Verified
Correct Answer:
Verified
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