InterviewSolution
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How Can I Forecast If I Don’t Have Much Quantitative (numerical) Data? |
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Answer» It is often the case that ONE would like a FORECAST but there is LITTLE or no quantitative data. All is not lost! If you have a look at the left hand (JUDGMENTAL) branch of the Methodology Tree, you will see that there is a reassuring variety of forecasting METHODS that do not depend upon quantitative data. It is often the case that one would like a forecast but there is little or no quantitative data. All is not lost! If you have a look at the left hand (judgmental) branch of the Methodology Tree, you will see that there is a reassuring variety of forecasting methods that do not depend upon quantitative data. |
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