Judgmental Forecasting Should Only Be Used If No Historical Data

question 26

True/False

Judgmental forecasting should only be used if no historical data are available.

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Definitions:

Syntax

The set of rules, principles, and processes that govern the structure of sentences in a given language, including word order.

Words

Basic units of language that convey meaning and can be spoken or written.

Morpheme

The smallest grammatical unit in a language that carries meaning; can be a word or a part of a word.

Linguistic Relativity Hypothesis

The theory that thought processes and concepts are controlled by language.