One criticism of time-series forecasting is that it applies mathematical models mechanically to the future.

Question

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Time-series forecasting involves using mathematical models to predict future values based on past trends and patterns. However, one criticism of this approach is that it does not account for external factors or unexpected events that may impact the future values. Therefore, the application of mathematical models can be seen as mechanical and insufficient for complex forecasting scenarios.

One Criticism of Time-Series Forecasting Is That It Applies Mathematical