Question

which of the following is generally regarded as most explanatory type of forecast. options are a. delphi method. b.economic indicator. c.econimetric modelling .d . projections
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Answer 1

Projections are regarded as the most explanatory type of forecast.

Explanation:

• When a future situation is estimated on the basis of the present study that then it is called projection.
• In other words, we can say that estimation that what can happen in the near future based on the current scenario or plans is projection.
• The use of projection is different. some projections are used to show the representation of an image while others are used for navigation.