According to David Arnold, there are four possible approaches to forecasting by analogy, which does not include which of the following?
A)Data is available on a comparable product in the same country.
B)Data is available on the same product in a comparable country.
C)Data is available on the same product from an dependent distributor in a neighboring country.
D)Data is available about a comparable company in the same country.
E)Data is available on the same product in every country.

Question

Quizplus · Accepted Answer

David Arnold's approaches to forecasting by analogy do not include having data available on the same product in every country. The other options involve comparisons either by product or by country, which are typical in analogy forecasting.

According to David Arnold, There Are Four Possible Approaches to Forecasting