Qualitative forecasting methods are used when:
A) historical data on the variable being forecast are available.
B) information on past values of the variable being measured is quantifiable.
C) historical data on the variable being forecast are either unavailable or are not applicable.
D) it is reasonable to assume that past is prologue.
Correct Answer:
Verified
Q9: A forecast is defined as a(n)
A)prediction of
Q15: A time series that shows a recurring
Q15: If a time series plot exhibits a
Q17: A set of observations on a variable
Q18: Which of the following is true of
Q20: Causal forecasting:
A) does not depend upon historical
Q22: The exponential smoothing forecast for period t
Q22: The moving averages and exponential smoothing methods
Q33: With reference to exponential forecasting models, a
Q35: Causal models
A)provide evidence of a causal relationship
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