Match the description on the right with the correct term on the left regarding types of forecasting methods. 1. Econometric, input-output, and simulation are techniques used with this type of...


Match the description on the right with the correct term on the left regarding types of<br>forecasting methods.<br>1. Econometric, input-output, and<br>simulation are techniques used with<br>this type of forecasting method,<br>which assumes that the variable to<br>be forecasted is related to one or<br>more intrinsic variables.<br>Causal Methods<br>2. The Delphi technique, market<br>surveys, and life-cycles analogy are<br>techniques used with this type of<br>forecasting method, which relies on<br>the judgment of individuals or<br>Qualitative Methods<br>Time-Series Methods<br>groups.<br>3. Moving averages and exponential<br>smoothing are techniques used with<br>this type of forecasting method,<br>which assumes that time is the only<br>important variable.<br>

Extracted text: Match the description on the right with the correct term on the left regarding types of forecasting methods. 1. Econometric, input-output, and simulation are techniques used with this type of forecasting method, which assumes that the variable to be forecasted is related to one or more intrinsic variables. Causal Methods 2. The Delphi technique, market surveys, and life-cycles analogy are techniques used with this type of forecasting method, which relies on the judgment of individuals or Qualitative Methods Time-Series Methods groups. 3. Moving averages and exponential smoothing are techniques used with this type of forecasting method, which assumes that time is the only important variable.

Jun 02, 2022
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