A Qualitative Forecasting Method That Obtains Forecasts Through "Group Consensus

question 9

Multiple Choice

A qualitative forecasting method that obtains forecasts through "group consensus" is known as the ______.

• A) autoregressive model
• B) Delphi approach
• C) mean absolute deviation
• D) None of the answers is correct.

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Definitions:

Service Workers

Individuals employed in jobs that provide services rather than goods, including sectors such as healthcare, education, and hospitality.

Nickel and Dimed

A book by Barbara Ehrenreich that explores the impact of low-wage jobs on workers and highlights issues of poverty and social inequality.

Independent Sector

A term often used to refer to the non-profit sector, encompassing organizations and entities that operate independently of government influence.

Third Sector

The part of an economy comprising non-profit organizations and other non-governmental organizations, including charities, voluntary and community groups.