Which of the following forecasting techniques employs statistical models based on key economic indicators to forecast exchange rates?
A) financial analysis
B) fundamental analysis
C) probability bounds analysis
D) technical analysis

Question

Quizplus · Accepted Answer

Fundamental analysis employs statistical models based on key economic indicators to forecast exchange rates. Financial analysis involves analyzing financial statements of a company, while probability bounds analysis involves determining the likelihood of different outcomes based on various factors. Technical analysis involves studying past market data to identify future price trends.

Which of the Following Forecasting Techniques Employs Statistical Models Based