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Daniel wanted to know his approximate score on the final exam for his mathematics class.His professor hinted that his score was well above the class average.The professor announced that the mean for the class final exam was 88 with a standard deviation of 7.Given Daniel's z score of 1.67, what is the raw score for his exam grade?
Quantitative Forecasting
The use of numerical data and statistical models to predict future events or trends.
Qualitative Forecasting
A forecasting method that relies on expert judgment and historical data analysis rather than quantifiable metrics, often used when precise data is unavailable.
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Insights and assessments provided by individuals with extensive knowledge and experience in a specific field.
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