Statistical planning models almost always have to be complemented by _____.
A)competitor information
B)subjective judgments
C)transitional matrices
D)future prediction of the state of the economy
E)historical precedence

Question

Quizplus · Accepted Answer

Statistical planning models are useful when there is a long, stable history that can be used to reliably detect relationships among variables. However, these models almost always have to be complemented by subjective judgments of people who have expertise in the area.

Statistical Planning Models Almost Always Have to Be Complemented by _____