Which of the following forecasting techniques is most appropriate when data is scarce?

Question

Quizplus · Accepted Answer

The Delphi method is most appropriate when data is scarce as it relies on expert opinions and does not require a large amount of historical data. The method involves collecting information and opinions from a group of experts and using their insights to forecast future trends. The other methods listed require more data and statistical analysis to be effective.

Which of the Following Forecasting Techniques Is Most Appropriate When