A technique useful for developing numeric values that are equivalent to subjective,verbal measures of relative value is the __________.
A)Delphi system
B)expert system
C)portfolio
D)simulation

Question

Quizplus · Accepted Answer

The Delphi system is a technique that involves obtaining feedback from a panel of experts in a particular field through a series of questionnaires and feedback sessions. This approach can be used to develop numeric values that are equivalent to subjective, verbal measures of relative value by aggregating the opinions of the experts and using statistical techniques to derive consensus values. Other options such as expert systems, portfolios, and simulations may be useful for other purposes, but they are not specifically designed for this task.

A Technique Useful for Developing Numeric Values That Are Equivalent