Statistical methods cannot be used to forecast future events. Options: A . &nbsp True B . &nbsp False C . &nbsp IndiGo is the producer as well a distributor D . &nbsp IndiGo is the producer and the consumer.

Statistical methods cannot be used to forecast future events.

Question

Statistical methods cannot be used to forecast future events.

Options:

A . True

B . False

C . IndiGo is the producer as well a distributor

D . IndiGo is the producer and the consumer.

Answer: Option B
:
B
Statistical methods can be used to identify causal relationships between economic factors and make economic forecasts.

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