There are two main factors that determine whether a quantitative model or qualitative model is a better choice.Which of the following is one of these factors?
A)the estimates of the demand for labour
B)the long-term environmental forecasts of labour
C)the short-term environmental forecasts of labour
D)the volume and complexity of the data available

Question

Quizplus · Accepted Answer

The volume and complexity of the data available is one of the main factors that determine whether a quantitative model or qualitative model is a better choice. If the data is extensive and complicated, a quantitative model may be more suitable. If the data is limited or uncertain, a qualitative model may be more appropriate. Therefore, in this scenario, the best choice would be D.

There Are Two Main Factors That Determine Whether a Quantitative