Question: What is the relationship between qualitative and quantitative forecasting? a . Qualitative forecasting is valid while quantitative forecasting is reliable. b . A ratio analysis
What is the relationship between qualitative and quantitative forecasting?
a
Qualitative forecasting is valid while quantitative forecasting is reliable.
b
A ratio analysis is utilized with qualitative forecasting but not quantitative forecasting.
c
Experts evaluate qualitative data using quantitative forecasting.
d
Forecasting is better achieved through quantitative means not qualitative means.
e
Experts are provided quantitative data which is then interpreted into qualitative analysis for forecasting.
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