Which of the Following Statement Is TRUE Regarding Forecasting Methods

question 83

Multiple Choice

Which of the following statement is TRUE regarding forecasting methods?

• A) Subjective judgment has no place in modern HR forecasting which depends entirely on hard, objective data.
• B) Statistical regression analysis is a well-established judgmental method for forecasting.
• C) Forecasting is a combination of quantitative methods and subjective judgment.
• D) Complex computer simulations are able to project HR supply and demand accurately over the long-range, but short-run projections are more error-prone.

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