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All of the Following Are True About Qualitative Forecasting Methods

Question 15

Multiple Choice

All of the following are true about qualitative forecasting methods except they


A) generally involve the use of expert judgment to develop forecasts.
B) assume the pattern of the past will continue into the future.
C) are appropriate when past data on the variable being forecast are not applicable.
D) are appropriate when past data on the variable being forecast are not available.

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