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Describe what qualitative forecasting models are. What are the advantages and disadvantages of this modelling? “High...

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Basic Math

  1. Describe what qualitative forecasting models are. What are theadvantages and disadvantages of this modelling?
  2. “High correlation between two variables means that one is thecause and the other is the effect”. Explain this statement

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Here The intution and judgment of experienced supervisors deals proficient and industry expertsso can improve the nature of a power cast in light of the fact that quatitative information cant catch subtleties that long stretches of experience can distinguish Subjective determining is valuable when there is questionable or lacking information For instance a startup innovation organization building up another product application    See Answer
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