Quantitative forecasting procedures are based on the judgment of the forecaster, who uses prior experience and expertise to make forecasts.

Name: Quantitative forecasting procedures are based on the judgment of the forecaster, who uses prior experience and expertise to make forecasts.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Quantitative forecasting procedures are based on statistical analysis and data modeling, rather than the subjective judgment of the forecaster.

Quantitative Forecasting Procedures Are Based on the Judgment of the Forecaster