_______methods are primarily based on the subjective opinion of the forecaster rather than the analysis of numerical data.
A) Casual forecasting
B) Qualitative forecasting
C) Time-series forecasting
D) Quantitative forecasting

Question

Quizplus · Accepted Answer

Qualitative forecasting methods rely on the judgment and opinions of experts or stakeholders, rather than objective data analysis. This can include techniques such as market research, Delphi method, and scenario planning.

_______Methods Are Primarily Based on the Subjective Opinion of the Forecaster