Which of the Following Statements Is Best Regarding Forecasting Techniques

question 25

Multiple Choice

Which of the following statements is best regarding forecasting techniques?

• A) qualitative techniques are based on judgment
• B) techniques that use external economic indicators are classified as extrinsic
• C) intrinsic techniques use historical data
• D) all of the above are true
• E) none of the above is true

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Definitions:

Nutrient Cycling

The movement and exchange of organic and inorganic matter back into the production of living matter, recycling elements and nutrients through the biosphere.

Hydroelectricity

The production of electricity using the energy generated from flowing or falling water, typically through dams.

Photosynthesis

The process by which green plants and some other organisms use sunlight to synthesize nutrients from carbon dioxide and water, releasing oxygen as a byproduct.

Euphotic Zone

The layer of a body of water that is sufficiently lit by sunlight, allowing photosynthesis to occur.