Question: When should we consider applying a judgmental adjustment to a statistical forecast? Question 9 options: To make a forecast appear more optimistic. To make users

When should we consider applying a judgmental adjustment to a statistical forecast?

Question 9 options:

To make a forecast appear more optimistic.

To make users feel that they have contributed to the forecasts by giving them a say in the final forecast.

To correct for systematic pattern in the data that the forecaster sees but is not accounted for in the statistical model.

When significant new information becomes available that was not incorporated in the historical data used to generate the forecast.

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