Basic Need Potential Can Be Assessed

question 138

Multiple Choice

Basic need potential can be assessed

• A) using data obtainable from standard sources.
• B) by visiting the market and doing on-the-ground research.
• C) by doing calculations on present imports.
• D) by examining product substitutions.

---

Definitions:

Qualitative Forecasting

A method of prediction that relies on non-quantifiable information such as expert opinion or market trends rather than numerical data.

Associative Model

A data model that is designed to link data in a way that is more flexible and intuitive than traditional relational databases, focusing on the associations among data points.

Time-Series Model

A statistical technique that analyzes sequences of data points, typically measured at successive times, to forecast future values based on past trends.

Short-Range Forecasts

Predictions made about future events or trends that are expected to take place in the near future, typically less than one year.