Composite forecasting is used because:
A) different forecasters have different forecasting accuracy
B) diversification reduces the risk associated with forecasting accuracy
C) combining technical and fundamental forecasting produces better forecasting results than using any one technique
D) all of the answers given

Question

Quizplus · Accepted Answer

Composite forecasting is used because it combines different forecasting methods and insights, which can lead to more accurate predictions by leveraging the strengths of each approach and mitigating their individual weaknesses. This includes the benefits of diversification, the varied accuracy of different forecasters, and the complementary nature of technical and fundamental analysis.

Composite Forecasting Is Used Because