CS Executive · Corporate Accounting and Financial Management · Forecasting Financial Statements
Which of the following is a qualitative technique of forecasting rather than a quantitative one?
The Delphi method is the qualitative technique. It gathers expert opinions through repeated anonymous rounds until a consensus emerges, relying on judgement rather than numbers. Moving average, regression and percentage of sales all use historical numerical data and are quantitative techniques.
- ADelphi methodCorrect
- BMoving average method
- CRegression analysis
- DPercentage of sales method
Explanation
The Delphi method collects and refines opinions of a panel of experts through successive rounds, so it relies on judgement. Moving average, regression and percentage of sales all use numerical data and are quantitative. The quantitative options are therefore wrong.
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