Which forecasting technique requires a strong understanding of survey design and population sampling?
A) Time series
B) Cause and effect
C) Qualitative or judgmental
D) None of the above

Question

Quizplus · Accepted Answer

Qualitative or judgmental forecasting techniques often rely on expert opinions and may involve surveys to gather insights. A strong understanding of survey design and population sampling is crucial to ensure the collected data is representative and reliable.

Which Forecasting Technique Requires a Strong Understanding of Survey Design