Which of the Following Is Not a Criticism Made of Qualitative

question 3

Multiple Choice

Which of the following is not a criticism made of qualitative forecasts?

• A) They become the only possible ones when past data are either not available or are misleading.
• B) They are prone to biases such as optimism and overconfidence.
• C) They do not present any explanation of the mechanism generating the values of a variable of interest,and simply provide a method for projecting historical data.
• D) They provide no guidance on the likely effects of changes in explanatory variables.

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Definitions:

Retina

The light-sensitive layer of tissue at the back of the inner eye, which converts light images into nerve signals sent to the brain.

Umami

One of the five basic tastes, often described as savory or meaty, and is attributed to the presence of glutamates in food.

Protein-Rich Foods

Foods that are high in protein content, essential for growth, repair, and maintenance of body tissues.

Eardrum

A thin membrane that vibrates in response to sound waves, playing a key role in the hearing process.