________ forecasting methods are primarily subjective and rely on human judgment.
A)Qualitative
B)Time-series
C)Causal
D)Simulation

Question

Quizplus · Accepted Answer

Qualitative forecasting methods involve human judgment, opinions, and experience to make future predictions. These methods are often used when historical data is not available or when future events are uncertain. Examples of qualitative methods include the Delphi method, market research, and expert opinion. Time-series and causal methods involve numerical data analysis and modeling, while simulation methods involve creating models to simulate complex systems or scenarios.

________ Forecasting Methods Are Primarily Subjective and Rely on Human