Very short-range forecasts often utilize which of the following forecast methods?
A)steady-state or trend method
B)pattern recognition method
C)ensemble method
D)both the steady-state (trend method)and ensemble methods
E)both the steady-state (trend method)and pattern recognition methods

Question

Very short-range forecasts often utilize which of the following forecast methods?
A)steady-state or trend method
B)pattern recognition method
C)​ensemble method
D)​both the steady-state (trend method)and ensemble methods
E)​both the steady-state (trend method)and pattern recognition methods

Quizplus · Accepted Answer

Very short-range forecasts often utilize both the steady-state (trend method) and pattern recognition methods as they are quick and simple methods that require minimal data and can be used to quickly predict short-term outcomes. The ensemble method is typically used for medium to long-term forecasts and requires more data and complex modeling techniques.

Very Short-Range Forecasts Often Utilize Which of the Following Forecast