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Forecast Methods Based on Judgment,opinion,past Experiences,or Best Guesses Are Known

question 94

Multiple Choice

Forecast methods based on judgment,opinion,past experiences,or best guesses are known as ___________ methods.


Definitions:

Modeling

The process of learning and mimicking behaviors, attitudes, or techniques from others, often role models or mentors.

Albert Bandura

A psychologist renowned for his work on social cognitive theory and the concept of self-efficacy.

Perception

The process of recognizing, organizing, and interpreting sensory information to represent and understand the environment or an idea.

Classical Conditioning

A method of learning that happens by linking an external stimulus with a stimulus that naturally occurs.

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