Using mathematical and statistical analyses of historical data and surveys to predict future events is called:
A) quantitative forecasting.
B) guesswork.
C) qualitative forecasting.
D) expert planning.
E) contingency planning.

Question

Quizplus · Accepted Answer

Quantitative forecasting uses mathematical and statistical analyses of historical data to predict future events, focusing on numerical data and objective analysis.

Using Mathematical and Statistical Analyses of Historical Data and Surveys