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All of the Following Are True About Qualitative Forecasting Methods

Question 9

Multiple Choice

All of the following are true about qualitative forecasting methods except


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

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