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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