The use of mathematical models is the most popular forecasting method.

Question

Quizplus · Accepted Answer

Mathematical models are widely used in forecasting due to their accuracy and flexibility. They are capable of making predictions based on historical data and can help to identify trends and patterns to inform future decisions. However, there are other methods of forecasting, such as qualitative methods (expert opinions and subjective judgments) and time series analysis.

The Use of Mathematical Models Is the Most Popular Forecasting