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The Forecasting Method Which Uses Anonymous Questionnaires to Achieve a Consensus

question 66

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The forecasting method which uses anonymous questionnaires to achieve a consensus forecast is:


Definitions:

Population Mean

The average value of a set of characteristics within a specified entire population.

Standard Deviation

A measure of the amount of variation or dispersion in a set of values, indicating how spread out the data points are from the mean.

T-distribution

A probability distribution that is used to estimate population parameters when the sample size is small and/or when the population variance is unknown.

Test Statistic

A test statistic is a value calculated from sample data during a hypothesis test. It's compared to a critical value to decide whether to reject the null hypothesis.

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