Q: The primary limitation of deterministic models is that:
or
Q: The following is the main drawback of deterministic models:
- Their forecasts aren’t situated in historical data
- All of these
- They can’t model exponential growth or decline
- They are often inaccurate representations of the variance in the real world
Explanation: This is the key limitation of deterministic models. These models operate on fixed inputs and assumptions, failing to account for randomness or uncertainty, which makes them less reliable in predicting real-world scenarios that involve variability.