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Scientists in Indonesia are trying to find a cure for a deadly disease that is attacking the rain forests on Borneo and Sumatra.One of the variables that the scientists have been measuring involves the diameter of the trunk of the trees that have been affected by the disease.Scientists have calculated that the average diameter of the diseased trees is 42 centimetres.They also know that approximately 95% of the diameters fall between 32 and 52 centimetres and almost all of the diseased trees have diameters between 27 and 57 centimetres.When modelling the diameters of diseased trees,which distribution should the scientists use?
Historical Demand
The record of past customer demand for a product or service, used to predict future demand patterns and guide inventory and production planning.
Forecast
A prediction or estimate of future events or trends, especially regarding weather or economics.
Qualitative Forecasting Methods
Forecasting techniques that are based on judgment and opinion, rather than on strictly numeric or statistical data.
Subjective
Based on or influenced by personal feelings, tastes, or opinions, rather than external facts or evidence.
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