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When do I use qualitative forecasting in statistics?

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When do I use qualitative forecasting in statistics?
in Data Science & Statistics by Bronze Status (5,762 points) | 126 views

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If there are no data available, or if the data available are not relevant to the forecasts, then qualitative forecasting methods must be used. These methods are not purely guesswork—there are well-developed structured approaches to obtaining good forecasts without using historical data. 

by Bronze Status (5,762 points)

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