The forecasting process can be characterized by the point at which the process is started and the nature of the predicting variable.

Name: The forecasting process can be characterized by the point at which the process is started and the nature of the predicting variable.
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The forecasting process can indeed be characterized by the point at which the process is started (e.g. short-term vs long-term forecasting) and the nature of the predicting variable (e.g. quantitative vs qualitative forecasting).

The Forecasting Process Can Be Characterized by the Point at Which