Question: When analysts are developing forecasts of future performance they should most likely : a. rely exclusively on company data, such as past growth and relationships.

When analysts are developing forecasts of future performance they should most likely:

a. rely exclusively on company data, such as past growth and relationships.

b. use judgment in the process, as it allows analysts to provide more of their own insight.

c. generate single point estimates because a range of outcomes shows indecision on the part of analysts.

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