Quantitative Forecasting Techniques Use Expert Opinions to Predict the Future

question 22

True/False

Quantitative forecasting techniques use expert opinions to predict the future, whereas qualitative forecasting uses mathematical analyses to predict future events.

---

Definitions:

Values

Core beliefs or principles that guide and motivate attitudes and actions.

Cathect

To invest emotional energy into a person, object, or idea.

Transference Neurosis

A phenomenon in psychoanalysis where patients project feelings, attitudes, or desires onto the therapist that actually stem from previous relationships in their lives.

Standard Psychoanalysis

A therapeutic method developed by Freud focusing on uncovering unconscious conflicts and motivations through techniques like dream analysis and free association.