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Which of the Following Forecasting Methodologies Is Considered a Qualitative

question 49

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Which of the following forecasting methodologies is considered a qualitative forecasting technique?


Definitions:

Positive Correlation

A relationship between two variables where an increase in one variable is associated with an increase in the other variable.

Independent Variable

In an experiment, a factor or condition that is deliberately manipulated to determine whether it causes any change in another behavior or condition.

Coefficient of Correlation

A statistical measure that calculates the strength and direction of a linear relationship between two variables, ranging from -1 to 1.

Independent Variable

The factor in an experiment that is deliberately manipulated to observe its effect on a dependent variable.

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