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 in dynamic environments.
B) Under the right conditions, they provide predictions that are much more precise than judgmental methods.
C) They are particularly useful in predicting important events that have no historical precedent.
D) They are invariably better than the "best guesses" of experts.
E) They can be used to reduce dependence on secondary data for making forecasts and predictions.