30 points
Time management is very much important in IIT JAM. The eduncle test series for IIT JAM Mathematical Statistics helped me a lot in this portion. I am very thankful to the test series I bought from eduncle.
Nilanjan Bhowmick AIR 3, CSIR NET (Earth Science)
- UGC NET
- Commerce
Which method of forecasting is also known as leading indicators forecasting. choices choice (4)response a. exponential smoothing b. barometric method c.
Which method of forecasting is also known as leading indicators forecasting. Choices:- a. Exponential smoothing b. Barometric method c. Delphi technique d. Consumer survey method
1 Answer(s)
Answer Now
- 0 Likes
- 2 Comments
- 0 Shares
-
Priya gulani Best Answer
] Barometric Method This method is based on the past demands of the product and tries to project the past into the future. The economic indicators are used to predict the future trends of the business. Based on future trends, the demand for the product is forecasted. An index of economic indicators is formed. There are three types of economic indicators, viz. leading indicators, lagging indicators, and coincidental indicators. The leading indicators are those that move up or down ahead of some other series. The lagging indicators are those that follow a change after some time lag. The coincidental indicators are those that move up and down simultaneously with the level of economic activities.
![cropped7823483425166473996.jpg]()
![cropped4866649209153569355.jpg]()
Do You Want Better RANK in Your Exam?
Start Your Preparations with Eduncle’s FREE Study Material
- Updated Syllabus, Paper Pattern & Full Exam Details
- Sample Theory of Most Important Topic
- Model Test Paper with Detailed Solutions
- Last 5 Years Question Papers & Answers
Sign Up to Download FREE Study Material Worth Rs. 500/-
Rucha rajesh shingvekar
answer is option (b) barometric method