Qualitative Forecasting Uses _____ to Predict Future Events

question 57

Multiple Choice

Qualitative forecasting uses _____ to predict future events.

• A) budgets
• B) expert opinions
• C) mathematical models
• D) statistical analyses
• E) surveys

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Definitions:

Restrictions

Restrictions are limitations or conditions placed on something, such as legal agreements, to control or direct its use or activities.

Eminent Domain

The right of a government or its agent to expropriate private property for public use, with compensation.

Inherent Power

The authority possessed by a sovereign state or government without needing to be granted by a law, deriving from the very nature of the government's existence.

Government

The organization, or group of people governing an organized community, often a state, and responsible for the creation and enforcement of laws.