Which forecasting technique will be used for a time horizon of more than two years?
A)Simple time series
B)Delphi probe
C)Simple regression
D)Advanced time series

Question

Quizplus · Accepted Answer

A Delphi probe is a forecasting technique that involves a group of experts who provide opinions and judgments about future events. This technique is useful for long-term forecasting as it allows for the incorporation of complex and uncertain factors that cannot be captured by other methods such as time series or regression.

Which Forecasting Technique Will Be Used for a Time Horizon