Causal forecasting:
a. does not depend upon historical values of a variable.
b. assumes that the variable being forecast has a cause-effect relationship with one or more other variables.
c. uses present variable values to study what should have been the ideal past values.
d. uses time series plots to study if the variable values are centered around the mean.
B
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Answer the following statement true (T) or false (F)
The budget included in a proposal ________
A) is tentative and may be modified later B) represents a contract C) should be open-ended for acceptance D) should not include a deadline for acceptance because doing so might seem too pushy
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A. Choice A B. Choice B C. Choice C D. Choice D
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