Podcast
Questions and Answers
Forecasting techniques are only used to predict economic indicators.
Forecasting techniques are only used to predict economic indicators.
False (B)
Qualitative forecasting methods rely on mathematical computations.
Qualitative forecasting methods rely on mathematical computations.
False (B)
Quantitative forecasting methods are subjective in nature.
Quantitative forecasting methods are subjective in nature.
False (B)
Demand forecasts are a type of economic forecast.
Demand forecasts are a type of economic forecast.
Forecasting is only used to predict future events.
Forecasting is only used to predict future events.
The data set provided is used to demonstrate qualitative forecasting methods.
The data set provided is used to demonstrate qualitative forecasting methods.
A forecast is a prediction of a past event.
A forecast is a prediction of a past event.
Technological forecasts predict the future demand for a company's products or services.
Technological forecasts predict the future demand for a company's products or services.
Economic forecasts predict rates of technological progress and innovation.
Economic forecasts predict rates of technological progress and innovation.
Qualitative forecasting methods are objective in nature.
Qualitative forecasting methods are objective in nature.
Quantitative forecasting methods rely on mathematical computations.
Quantitative forecasting methods rely on mathematical computations.
The data set provided is used to demonstrate forecasting methods.
The data set provided is used to demonstrate forecasting methods.
