The two broad categories of forecasting methods are ______
A)dependent and independent
B)time series and causal
C)qualitative and quantitative
D)time series and regression analysis

Question

Quizplus · Accepted Answer

Forecasting methods are broadly categorized into qualitative and quantitative. Qualitative methods are based on judgment and opinion, while quantitative methods rely on historical data and mathematical models.

The Two Broad Categories of Forecasting Methods Are ______