Forecasting is frequently more of an art than a science, providing inexact approximations rather than absolute results.

Question

Quizplus · Accepted Answer

Forecasting involves making predictions about future events based on historical data and other relevant factors. However, there are often uncertainties and variables that can impact the accuracy of the forecast. Therefore, forecasting is not always a precise science, and there is often some degree of subjectivity involved in interpreting the data and making predictions. As a result, forecasting can be more of an art than a science, involving a combination of analytical skills, experience, and judgement.

Forecasting Is Frequently More of an Art Than a Science