Which of the Following Is a Difference Between a Forecast

question 50

Multiple Choice

Which of the following is a difference between a forecast and a projection?

• A) A forecast reflects conditions that may occur, whereas a projection reflects expected conditions based on current knowledge of trends in relevant factors.
• B) A forecast is typically for a short period, whereas projections can be made several years into the future projection.
• C) A forecast is based on hypothetical assumptions, whereas a projection is based on current knowledge of trends.
• D) A forecast invites rebuttal arguments of speculation and bias, whereas a projection is deemed to be the most appropriate indicator of expected future benefits.

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Definitions:

Minor Term

In syllogistic logic, the term that appears in the conclusion and the minor premise but not in the major premise.

Conclusion

The statement in a logical argument that follows from the premises.

Major Premise

The first statement in a syllogism, containing the universal principle or general assertion.

Categorical Syllogism

A form of argument consisting of three categorical propositions that together yield a conclusion.