The Forecasting Method Which Uses an Iterative Process in Which

question 70

Multiple Choice

The forecasting method which uses an iterative process in which individuals develop their own forecast and then share them among each other and again revise their forecast until a consensus is reached is

• A)delphi method.
• B)consumer surveys.
• C)time series analysis method.
• D)string method.

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Definitions:

Arguments By Elimination

A method of reasoning where options are systematically rejected until only one option remains as the solution or answer.

Disjunctive Syllogism

A form of logical argument that concludes one disjunct must be false if the other disjunct is true in a "either/or" scenario.

Particular Proposition

A statement in logic that asserts something about one or more but not all members of a class.

Robust

Strong and effective in all or most situations and conditions; capable of withstanding or overcoming adverse conditions.