Which of the Following Is a Criticism Made of Qualitative

question 20

Multiple Choice

Which of the following is a criticism made of qualitative forecasts?

• A) They become the only possible forecast when past data are either not available or are misleading.
• B) They provide no guidance on the likely effects of changes in explanatory variables.
• C) They are prone to biases such as optimism and overconfidence.
• D) They are difficult to document.

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Definitions:

Developed Country

A country with a highly developed economy and advanced technological infrastructure relative to other less industrialized nations.

Type-I Survivorship

A survivorship curve characterized by high survival rates of the young and middle-aged, with most mortality occurring among the elderly.

Surviving

Surviving refers to the act or process of continuing to live or exist, especially in spite of challenging circumstances or threats to existence.

R-Selected Species

Species characterized by high reproductive rates, short lifespans, and a focus on quantity of offspring rather than quality.