The most frequently used quantitative method for forecasting is a(n)
A) Econometric model
B) Delphi model
C) Moving average
D) Executive jury panel
E) Sales force panel

Question

Quizplus · Accepted Answer

Moving averages are commonly used for forecasting in various fields due to their simplicity and effectiveness in smoothing out short-term fluctuations to identify longer-term trends or cycles.

The Most Frequently Used Quantitative Method for Forecasting Is A(n)