Judgmental Forecasting Relies Upon Historical Data in Developing Forecasts

question 4

True/False

Judgmental forecasting relies upon historical data in developing forecasts.

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Definitions:

Central Nervous System

The part of the nervous system consisting of the brain and spinal cord, responsible for processing and sending out information to and from the body.

Brain

The organ in the head of an animal or human that controls functions, movements, sensations, and thoughts.

Nerves

Bundles of fibers that transmit electrical impulses between the brain, spinal cord, and other parts of the body.

Spinal Cord

A long, thin, tubular structure made up of nervous tissue, which extends from the brain down the back, transmitting nerve signals between the brain and the rest of the body.