Qualitative forecasting methods
A) are made objectively by the forecaster
B) are made subjectively by the forecaster
C) are made using existing data sources
D) are based on mathematical models
E) are only used in parallel with quantitative models

Question

Quizplus · Accepted Answer

Qualitative forecasting methods rely heavily on expert judgment and subjective opinions in making predictions. They are not solely based on objective data or mathematical models.

Qualitative Forecasting Methods