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."

AJudgmental method

BCausal/econometric method

CTime series method

DEnsemble forecasting

Show Suggested Answer

Suggested Answer: A

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

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Barb

6 days ago

I'm forecasting a 100% chance of face-palming if I get this wrong.

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Cherilyn

7 days ago

Judgmental method? I'm just going to judge this question as being a bit too tricky.

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Jerilyn

8 days ago

Ensemble forecasting, eh? Sounds like a party for weather nerds.

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Theron

9 days ago

Time series, huh? More like time's up for me if I don't get this right!

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Beata

1 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

8 days ago

Yeah, that method definitely takes into account a lot of different factors.

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Jody

11 days ago

I think you're right, it does sound like the causal/econometric method.

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Bulah

1 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

2 months ago

I agree with Corrinne, Judgmental method makes sense because it involves identifying influencing factors.

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Corrinne

2 months ago

I think the answer is A) Judgmental method.

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