Which technique is used that attempts to match current conditions with similar well established patterns from the past?
A)persistence forecasting
B)trend forecasting
C)isotachs method
D)analog method

Question

Quizplus · Accepted Answer

The technique that attempts to match current conditions with similar well established patterns from the past is called the analog method. This method searches the historical records for past events that are similar to the current conditions and uses them as a basis for forecasting. Therefore, option D is the best choice.

Which Technique Is Used That Attempts to Match Current Conditions