causal model definition

causal model

Estimating approach based on the assumption that future- alue of a variable is a mathematical function of the values of other variable(s). Used where sufficient historical data is available, and the relationship (correlation) between the dependent variable to be forecasted and associated independent variable(s) is well known. See also model.

causal model is in the Planning & Scheduling and Statistics, Mathematics, & Analysis subjects.

causal model appears in the definitions of the following terms: causal forecasting model, time series analysis (TSA) and causal

causal model appears in these other term: causal modeling

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