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Which of the following is a quantitative forecasting technique? Group of answer choices Simulation Leading indicators Artificial intelligence Weighted average method Historical analogy

Question

Which of the following is a quantitative forecasting technique? Group of answer choices

Simulation

Leading indicators

Artificial intelligence

Weighted average method

Historical analogy

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Solution

The Weighted Average Method is a quantitative forecasting technique. This method involves assigning different weights to different historical data points and then calculating the average. The weights are usually assigned based on the relevance or importance of the data points. This method is often used in financial analysis and forecasting.

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