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
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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