Question: Which statement of the Delphi approach to estimation is FALSE? A. The panel should consists of members from different managerial levels B. The panel members

Which statement of the Delphi approach to estimation is FALSE?

A. The panel should consists of members from different managerial levels B. The panel members each start with working on an independent estimate to avoid bias C. * The highest and lowest estimates should be ignored as they are

’outliers’

D. The panel discuss and share thoughts about how their obtain their individual estimate

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