Which of the following is not a type of judgmental forecasting?
A)Executive opinions
B)Sales force opinions
C)Consumer surveys
D)Expert opinions
E)Time series analysis

Question

Quizplus · Accepted Answer

Time series analysis is not a type of judgmental forecasting. It is a quantitative forecasting method that uses historical data to predict future trends. Judgmental forecasting, on the other hand, relies on the opinions and expertise of people, such as executives, sales forces, and experts, to make predictions about the future. Consumer surveys can also be a form of judgmental forecasting, as they rely on the opinions and behaviors of customers to make predictions.

Which of the Following Is Not a Type of Judgmental