The reason that HR forecasting combines statistical analysis and expert judgments is because:
A) Workers are more motivated by expertise.
B) Expert judgments are always more reliable than historical statistics.
C) Industry and economic conditions change over time.
D) Statistical methods fail to account for historical trends.
E) External trends cannot be studied using historical data.

Question

Quizplus · Accepted Answer

Industry and economic conditions are dynamic and can change rapidly, making it difficult for statistical methods alone to accurately predict future workforce needs. Expert judgments can provide valuable insights into how these changing conditions may impact the workforce. By combining statistical analysis with expert judgments, HR forecasting can produce more accurate and reliable predictions of future workforce needs.

The Reason That HR Forecasting Combines Statistical Analysis and Expert