The Two General Approaches to Forecasting Are

question 4

Multiple Choice

The two general approaches to forecasting are:

• A)mathematical and statistical.
• B)qualitative and quantitative.
• C)judgmental and qualitative.
• D)historical and associative.
• E)precise and approximation.

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Definitions:

Conform

The act of adjusting one's behavior or thinking to align with the standards, norms, or expectations of a group or society.

Highly Extraverted

Describing individuals who are very outgoing, sociable, and active, often seeking stimulation and engagement in social settings.

Anonymous Voting

A voting system where voters' choices are kept secret, protecting their anonymity and preventing influence or retribution.

Companionate Love

A type of affection found in long-term relationships where deep affection, commitment, and intimacy are present, distinct from passionate or romantic love.