A trend-projection forecasting method is a causal forecasting method.

Question

Quizplus · Accepted Answer

A trend-projection forecasting method is a time-series forecasting method that identifies a pattern or trend in historical data and uses that pattern to make predictions for the future, without considering external factors that may influence the data. It is not a causal forecasting method, which would involve analyzing the relationship between the dependent variable and one or more independent variables.

A Trend-Projection Forecasting Method Is a Causal Forecasting Method