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GIAC Exam GCPM Topic 8 Question 60 Discussion

Actual exam question for GIAC's GCPM exam
Question #: 60
Topic #: 8
[All GCPM Questions]

Which of the following forecasting methods is described in the statement below? "It is based on the assumption that it is possible to identify some factors that might influence the variable that is being forecasted."

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Suggested Answer: A

by Luisa at Oct 23, 2024, 08:16 PM

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Barb
1 months ago
I'm forecasting a 100% chance of face-palming if I get this wrong.
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Cherilyn
1 months ago
Judgmental method? I'm just going to judge this question as being a bit too tricky.
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Jerilyn
1 months ago
Ensemble forecasting, eh? Sounds like a party for weather nerds.
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Theron
1 months ago
Time series, huh? More like time's up for me if I don't get this right!
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Melinda
3 days ago
C) Time series method
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Oren
5 days ago
B) Causal/econometric method
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Elfriede
16 days ago
A) Judgmental method
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Beata
2 months ago
Hmm, this sounds like the causal/econometric method to me. Gotta love those factors that influence the forecast!
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Oliva
1 months ago
Yeah, that method definitely takes into account a lot of different factors.
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Jody
1 months ago
I think you're right, it does sound like the causal/econometric method.
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Bulah
2 months ago
I'm not sure, but I think it could also be B) Causal/econometric method because it considers factors that cause changes in the variable.
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Emerson
3 months ago
I agree with Corrinne, Judgmental method makes sense because it involves identifying influencing factors.
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Corrinne
3 months ago
I think the answer is A) Judgmental method.
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