Question

What is NOT a Qualitative Method?

a. Jury of executive opinion

b. Delphi method

c. Sales force composite

d. Time series models

Answer 1

A time series model is a Quantitative forecasting technique . A time series is a series of data points indexed (or listed or graphed) in time order. Most commonly, a time series is a sequence taken at successive equally spaced points in time. Thus it is a sequence of discrete-time data. Time series analysis comprises methods for analyzing time series data in order to extract meaningful statistics and other characteristics of the data. Time series forecasting is the use of a model to predict future values based on previously observed values. Thus it can be seen that time series models are based solely on quantitative data and therefore can be termed as quantitative model.

Therefore : Time series models” is not a Qualitative model

ANSWER : d ) TIME SERIES MODELS