The two general approaches to forecasting are:
A)mathematical and statistical.
B)qualitative and quantitative.
C)judgmental and qualitative.
D)historical and associative.
E)precise and approximation.

Question

Quizplus · Accepted Answer

The two general approaches to forecasting are qualitative and quantitative. Qualitative forecasting relies on expert opinions and other non-numeric information, while quantitative forecasting uses mathematical models and historical data to predict future events.

The Two General Approaches to Forecasting Are