dada_g

What are explanatory methods of forecasting?

The forecasting is the main part in management. I have an assignment and need to know the details about it.
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4 replies

shanee
Leading indicators are variables that tend to be correlate with the phenomenon of major interest but also tend to occur in advance of the phenomenon.
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rana-r
Explanatory or causal models attempt to identify the major variables that are related to or have caused particular past conditions and then use current measures of those variables (predictors) to predict future conditions.
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