Which of the following is a qualitative forecasting technique?
A) regression models
B) customer evaluation
C) substitution effect
D) economic indicators
E) time series analysis

Question

Quizplus · Accepted Answer

Customer evaluation is a qualitative forecasting technique that involves getting feedback from customers or potential customers about their future purchasing intentions, preferences, and behaviors. This type of technique relies on subjective opinions and perceptions rather than hard data or statistical analysis.

Which of the Following Is a Qualitative Forecasting Technique