Business, 14.02.2020 20:11 proudmarinemom7186

Causal forecasting methods are used when: a. historical data is available and there is a relationship between the item to be forecasted and some other factor (such as advertising expenditure or sales of another product). b. historical data is not available and there is a relationship between the item to be forecasted and some other factor (such as advertising expenditure or sales of another product).

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