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Mathematical Forecasting Is Also Known as Quantitative Forecasting

Question 103

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Mathematical forecasting is also known as quantitative forecasting. Which one of the following statements best describes mathematical forecasting techniques?


A) The predictor of future performance is risk analysis of possible outcomes.
B) The best predictor of future performance is statistical analysis of past performance results.
C) The best predictor of future performance is structured reviews of current performance.
D) The best predictor of future performance is past performance.

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