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Which of the following is NOT a characteristic of industrialization?
Qualitative Forecasting Methods
Forecasting techniques based on expert judgments and not on numerical data, often used for market trends.
Time Series Forecasting Methods
Statistical techniques used to predict future values based on previously observed values over time, often applied in finance, weather forecasting, and inventory management.
Simplicity
The quality of being easily understood or executed without complexity.
Starting Point
The initial position, condition, or phase from which a process, project, or calculation begins.
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