From the choices in parentheses, select the most precise, vigorous words.
1. Management is predicting a (change, difference, drop) in earnings after the first of the year.
2. Experts (predict, hypothesize, state) that the economy will (change, moderate, stabilize) by next year.
3. We plan to (acknowledge, announce, applaud) the work of outstanding employees.
4. After (reading, looking at, studying) the report, I realized that the data were (bad, inadequate, inaccurate).