Since Exchange Rate Forecasts Are Not Always Accurate, a Probability

question 24

True/False

Since exchange rate forecasts are not always accurate, a probability distribution of possible exchange rates may be preferable to a single point estimate.
​

---

Definitions:

Driving Forces

Key factors or motivations that influence the direction of change within an individual or organization.

Restraining Forces

Restraining forces are factors that resist or work against change within an organization or system.

Resistance Change

Opposition or pushback against modifications in procedures, policies, or strategies, often due to discomfort with altering the status quo.

Minimizing Resistance

Refers to strategies and efforts made to reduce opposition or reluctance towards change within an organization or individual.