The Judgment Methods of Forecasting Are to Be Used for Purposes

question 8

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) generating data for use in time-series approaches.
• C) providing the calculations necessary for quantitative forecasts.
• D) calculating the forecast error for quantitative methods.

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Definitions:

Depressants

Substances that reduce neural activity and slow down the functions of the central nervous system, often used to induce calmness or sleep.

Tranquilizers

Medications used to reduce tension or anxiety, often affecting the central nervous system.

Alcohol

A psychoactive substance found in beverages such as beer, wine, and spirits, known for its effects on the central nervous system.

Depressants

A category of drugs that reduce neural activity and slow down the functions of the brain and body.