What Are the Different Types of Quantitative Forecasting Techniques?

Quantitative prediction method is a method that uses mathematical tools to quantitatively describe the rules of things and predict their development trends. Such as causality method, regression analysis method, time series method, trend extrapolation method, econometric model method, probability mathematics method, fuzzy mathematics method, systematic analysis and prediction method. With the development of mathematical theory and methods and the application of electronic computers, various scientific and technological development models, economic development models, and social development models have emerged, which have greatly enriched and developed quantitative forecasts. ^[1]