Forecasting techniques fall into what two categories?
A)fixed asset and human capital
B)predictive and confirmatory
C)quantitative and qualitative
D)short-term and long-term
E)empirical and conceptual

Question

Quizplus · Accepted Answer

Forecasting techniques are broadly categorized into two categories as quantitative and qualitative. Quantitative techniques are those that use historical data and mathematical models to predict future trends. Qualitative techniques involve making informed judgments and subjective estimates based on expert opinions, market research, surveys, and historical knowledge.

Forecasting Techniques Fall into What Two Categories