Question

A forecast is defined as a(n) _________________________________. set of observations on a variable measured at successive points in time outcome of a random experiment quantitative method used when historical data on the variable of interest are either unavailable or not applicable

Answer 1

Answer: I found the complete question:

A forecast is defined as a(n):

a. prediction of future values of a time series.

b. quantitative method used when historical data on the variable of interest are either unavailable or not

applicable.

c. set of observations on a variable measured at successive points in time.

d. outcome of a random experiment.

And the correct answer is "a. prediction of future values of a time series. ".

A forecast is defined as a prediction of future values of a time series.