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A Qualitative Forecast Would Most Likely Be Used For

question 8

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A qualitative forecast would most likely be used for:


Definitions:

Degrees of Freedom

The number of independent values or quantities which can be assigned to a statistical distribution or parameter estimation.

Independent Populations

Populations in which the members or outcomes of one group do not influence or are not related to the members or outcomes of another group.

Equal Variances

An assumption in some statistical tests that the variances in the groups being compared are similar.

Normally Distributed

A symmetric probability distribution centered around the mean, demonstrating that occurrences near the mean happen more often than those at a distance.

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