Quantitative forecasts exact amount-exact percentage change


Select the correct statement.

a. Qualitative forecasts give the direction of change.
b. Quantitative forecasts give the exact amount or exact percentage change.
c. Diffusion forecasts use the proportion of the forecasts that are positive to forecast up or down.
d. Surveys are a form of qualitative forecasting.
e. All of the above are correct.

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Microeconomics: Quantitative forecasts exact amount-exact percentage change
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