Which of the Following Is an Example of a Judgmental

question 149

Multiple Choice

Which of the following is an example of a judgmental forecasting technique?

• A) market research
• B) multiplicative seasonal method
• C) simple moving average
• D) linear regression

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Definitions:

Null Hypothesis

A hypothesis that assumes no significant difference or relationship between variables in statistical testing.

Critical Value

A point on the scale of a statistical distribution that marks the boundary of an acceptance region for a test of hypothesis.

Standard Deviation

A statistical measure that quantifies the amount of dispersion or variation in a set of values.

Test Statistic

A calculated value from sample data used to make decisions about the validity of a hypothesis in hypothesis testing.