The use of quantitative forecast can be criticized because biases in optimism and overconfidence may skew the results.

Name: The use of quantitative forecast can be criticized because biases in optimism and overconfidence may skew the results.
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Question

Quizplus · Accepted Answer

Quantitative forecasts rely on numerical data and statistical methods, which are less susceptible to biases like optimism and overconfidence compared to qualitative forecasts.

The Use of Quantitative Forecast Can Be Criticized Because Biases