In using a regression forecast model, while some of the variables may be under the firm's control. several others need to be forecasted. Here modelers often use _____ as they are themselves easy to forecast.
A) External predictor variables
B) Surged predictor variables
C) Leading predictor variables
D) Forward predictor variables
E) Lagged predictor variables

Question

Quizplus · Accepted Answer

Lagged predictor variables are easy to forecast because they are based on historical data.

In Using a Regression Forecast Model, While Some of the Variables