Which of the Following Is an Advantage of Statistical Forecasting

Multiple Choice

Which of the following is an advantage of statistical forecasting methods?

A) They are particularly useful if important events that occur in the labor market have no historical precedent.
B) They are particularly useful in dynamic environments.
C) They provide predictions that are much more precise than judgmental methods.
D) Small companies that cannot afford their own testing programs rely on statistical forecasting methods to recruit temporary employees.
E) In the event of a legal dispute, they are more acceptable as evidence by juries.