A forecasting technique using quantitative measures that attempt to discover causal or at least explanatory factors that link two or more time series together is called

Question

Quizplus · Accepted Answer

Statistical modeling involves using mathematical models to analyze and understand the relationship between different variables. This allows for the identification of causal or explanatory factors that can be used for forecasting. The other choices (delphi technique, trend extrapolation, trend-impact analysis, morphological analysis) do not necessarily rely on quantitative measures or identifying causal factors in the same way as statistical modeling.

A Forecasting Technique Using Quantitative Measures That Attempt to Discover