A Question Whose Answer Is Based on What Should or Should

question 238

Multiple Choice

A question whose answer is based on what should or should not take place is a _____ question.

• A) positive
• B) fact-based
• C) objective
• D) normative

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Definitions:

Qualitative Forecasting Methods

Techniques that use expert judgment and subjective inputs to forecast outcomes, rather than relying solely on historical numerical data.

Causal Forecasting Methods

Predictive techniques that assume a cause-and-effect relationship between variables to estimate future outcomes.

Demand Forecast

The process of estimating the future demand for a product or service, based on historical data, current market trends, and predictive analysis.

Correlated

The relationship between two or more variables where a change in one variable is associated with a change in another.