What Type of Forecasting Method Is Concerned with Blending of Quantitative

question 5

Multiple Choice

What type of forecasting method is concerned with blending of quantitative and qualitative methods of analysis?

• A)simulation
• B)regression analysis
• C)scenario planning
• D)structural equation modelling

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Definitions:

Indirect Approach

A communication strategy where the main point or request is not presented directly at the beginning but is gradually approached through background information or context.

Organizational Approach

A method or strategy employed by an organization to achieve its goals, often involving structure, management, and processes.

Emotionally Charged

Describes language, imagery, or situations that evoke strong emotional responses from the audience or participants.

Range of Information

The spectrum or variety of data and facts available on a particular subject or for a specific purpose.