Judgmental models are qualitative because they use expert opinion and previous experience to determine the forecast.
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Q13: Historical Analogy uses historical records that are
Q14: The vast majority of entrepreneurs desire to
Q15: In the percentage of sales method of
Q16: A forecast is an accurate estimate of
Q17: Start -up expenses are those expenses that
Q19: The difference between an actual figure and
Q20: An increase in sales on the income
Q21: The forecasting model that is not a
Q22: The forecasting model that uses a panel
Q23: Table 6 -1. Actual Sales Data
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