Miscellaneous Quiz / Forecasting Techniques

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QUIZ: Can you name the forecasting techniques?

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Definition & ImplicationsTechnique
A technique designed to study relationships between dependent variables (i.e., output, performance measure) and independent variables (i.e., inputs, factors, decision variables)
Paying someone for their opinion
A spontaneous group discussion to produce ideas and ways of solving problems
A softer, qualitative character of scenarios that forecast the real-world.
Extending the application of a method/conclusion to an unknown situation by assuming that existing trends will continue or similar methods will be applicable.

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