All of the following are Forecasting methods with the exception of: Group of answer choices a. Econometric methods b. Time series methods c. Judgmental methods d. Analogous methods

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01-07-2021
Business

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All of the following are Forecasting methods with the exception of: Group of answer choices a. Econometric methods b. Time series methods c. Judgmental methods d. Analogous methods

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PiaDeveau PiaDeveau · Answer 1 · 2021-07-09T00:36:09-04:00

PiaDeveau PiaDeveau

09-07-2021

Answer:

Option "D" is the correct answer to the following question.

Explanation:

Analogous Estimation leverages information from previous projects to predict the length or expense of your present project, hence the name. When you have limited knowledge on your present project, you can utilise comparable estimate. Analogous estimate is a simple approach to use.

So, it is not a forecasting method.

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All of the following are Forecasting methods with the exception of: Group of answer choices a. Econometric methods b. Time series methods c. Judgmental methods d. Analogous methods

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