Characteristics of forecasting models include all of the following, except ________.
A) data required
B) economic conditions
C) relative cost
D) forecast horizon

Question

Quizplus · Accepted Answer

Economic conditions are not a characteristic of forecasting models themselves but rather an external factor that might influence the model's inputs or assumptions. Characteristics of forecasting models typically include the data required for the model to operate, the relative cost of using the model, and the forecast horizon it covers.

Characteristics of Forecasting Models Include All of the Following, Except