Author Question: A relative frequency distribution describes the proportion of data values that fall within each ... (Read 36 times)

futuristic · **on:** Jun 24, 2018

A relative frequency distribution describes the proportion of data values that fall within each category.
Indicate whether the statement is true or false

Question 2

All of the following are true about qualitative forecasting methods EXCEPT they ______.
a. generally involve the use of expert judgment to develop forecasts
b. assume the pattern of the past will continue into the future
c. are appropriate when past data on the variable being forecast are not applicable
d. are appropriate when past data on the variable being forecast are not available