Quantitative forecasts use mathematical techniques that are based on:
A) Expert opinions
B) Surveys
C) Historical data
D) Sales force knowledge of the market

Question

Quizplus · Accepted Answer

Quantitative forecasts rely on quantitative data, which is typically historical data. While expert opinions, surveys, and sales force knowledge may be useful in some forecasting methods, they are not typically part of quantitative forecasting techniques.

Quantitative Forecasts Use Mathematical Techniques That Are Based On