_______ methods use time-series data in a mathematical process to forecast future values of the series.
A) Casual forecasting
B) Qualitative forecasting
C) Historical forecasting
D) Quantitative forecasting

Question

Quizplus · Accepted Answer

Quantitative forecasting methods use time-series data and mathematical models to predict future values of the series. This includes methods such as exponential smoothing and ARIMA models. Casual forecasting is a method that considers cause-and-effect relationships to predict future values, while qualitative forecasting relies on expert judgment and subjective opinions. Historical forecasting is not a commonly used term in forecasting methods.

_______ Methods Use Time-Series Data in a Mathematical Process to Forecast