The causal method of forecasting uses historical data on independent variables (such as promotional campaigns and economic conditions) to predict the demand of dependent variables (such as sales volume).

Name: The causal method of forecasting uses historical data on independent variables (such as promotional campaigns and economic conditions) to predict the demand of dependent variables (such as sales volume).
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The statement accurately describes the causal method of forecasting.

The Causal Method of Forecasting Uses Historical Data on Independent