Which of the Following Forecasting Methods Is Very Dependent on Selection

question 85

Multiple Choice

Which of the following forecasting methods is very dependent on selection of the right individuals who will judgmentally be used to actually generate the forecast?

• A) Time series analysis
• B) Simple moving average
• C) Weighted moving average
• D) Delphi method
• E) Panel consensus

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Definitions:

Social Ecosystem

A social ecosystem refers to a dynamic and interconnected system of communities, organizations, and environments in which social interactions and relationships evolve and influence behavior.

Shared Environment

Aspects of an individual's environment that are experienced collectively with others, contributing to similarities in behavior and development.

Autonomy

The capacity to make an informed, uncoerced decision or the ability of an individual to act independently.

Voluntary

Actions or decisions made based on individual free will or choice, without external coercion.