This forecasting method is advisable for market estimation problems, particularly in foreign countries that are new to the marketer. In this method, experts are polled for their opinions about market size and growth rates. Identify the forecasting method in discussion.
A) Probabilistic forecasting
B) Reference class forecasting
C) Expert opinion
D) Extrapolation
E) Linear regression

Question

Quizplus · Accepted Answer

For many market estimation problems, particularly in foreign countries that are new to the marketer, expert opinion is advisable. In this method, experts are polled for their opinions about market size and growth rates.

This Forecasting Method Is Advisable for Market Estimation Problems, Particularly