Answer the following questions regarding quantitative and qualitative forecasting:
a.Define quantitative forecasting.
b.Explain the naïve forecasting method and give an example.
c.What are the benefits of using the naïve forecasting method?
d.Under which circumstances would one utilize a combination of both quantitative and qualitative forecasting?

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The Answer of Answer the following questions regarding quantitative and qualitative forecasting:
a.Define quantitative forecasting.
b.Explain the naïve forecasting method and give an example.
c.What are the benefits of using the naïve forecasting method?
d.Under which circumstances would one utilize a combination of both quantitative and qualitative forecasting?

Answer the Following Questions Regarding Quantitative and Qualitative Forecasting