One Quantitative Forecasting Models Limitation Is

question 40

Multiple Choice

One quantitative forecasting models limitation is

• A) it is objective
• B) they are consistent
• C) they are based on mathematical formulas
• D) they are limited on the quality of available data
• E) they can work around bad data

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Definitions:

Affiliation

A connection or association with a group, organization, or institution, often indicating a formal relationship.

Self-actualization

A concept in psychology representing the realization or fulfillment of one's talents and potentialities, considered as a drive or need present in everyone.

Physiological Requirements

Basic physical needs of the human body that must be met to maintain health, such as food, water, and sleep.

Persuasive Message

A communication intended to influence the attitudes, beliefs, or actions of the recipient.