The Judgment Methods of Forecasting Are to Be Used for Purposes

question 49

Multiple Choice

The judgment methods of forecasting are to be used for purposes of:

• A)making adjustments to quantitative forecasts due to unusual circumstances
• B)forecasting seasonal demands in lieu of time-series approaches
• C)avoiding the calculations necessary for quantitative forecasts
• D)making forecasts more variable

---

Definitions:

Popular Rights

Refers to the rights and freedoms that are considered to be universally entitled to all individuals, often associated with democratic practices and principles.

Whig Party

A political party active in the mid-19th century United States that opposed the policies of the Democratic Party and advocated for a strong federal government.

Second Bank

A term likely referring to the Second Bank of the United States, a national bank that operated from 1816 to 1836, playing a pivotal role in early American financial policy.

National Government Debt

The total amount of money that a country's government has borrowed, through various means, and has yet to repay.