Identify a benefit of applying statistic$)$ forecasting methods.

They are particularly useful in dynamic environments.

They are particularly useful in predicting important events that have no

historical precedent.

They are invariably better than the "best guesses" of experts.

They can be used by organizations as a substitute for relying on the

subjective judgments of experts.

Under the right conditions, they provide predictions that are much more

precise than a human forecaster's subjective judgment.