The Delphi Technique Is an Example of

question 22

Multiple Choice

The Delphi technique is an example of

• A)structured decision making.
• B)expert forecasting.
• C)unstructured decision making.
• D)crisis management.
• E)qualitative forecasting.

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Definitions:

T-test

A statistical method employed to assess if there's a significant difference between the average values of two distinct groups.

Critical Value

A point on the test distribution that is compared with the test statistic to determine whether to reject the null hypothesis.

Alpha

The level of significance in statistical testing, representing the probability of rejecting the null hypothesis when it is actually true.

Standard Error

A statistical measure that estimates the accuracy with which a sample distribution represents a population by using standard deviation and sample size.