A group of international experts published a set of principles of forecasting that includes all of the following EXCEPT:
A) use quantitative rather than qualitative methods.
B) combine forecasts from approaches that are similar.
C) ask experts to justify their forecasts in writing.
D) use multiple measures of forecast accuracy.

Question

Quizplus · Accepted Answer

The correct principle is to combine forecasts from different (diverse) approaches rather than from approaches that are similar. Combining forecasts from various methods typically improves accuracy because it incorporates different perspectives and methodologies.

A Group of International Experts Published a Set of Principles