What are the different methods used for forecasting in market analysis?
- Delphi method
- Regression analysis
- Scenario analysis
- Trend analysis
Forecasting in market analysis involves various techniques, and the Delphi method is one such approach. It relies on expert opinions gathered through multiple rounds of questionnaires to arrive at a consensus forecast. This method is useful when there is uncertainty and complexity in the market environment, as it allows for the synthesis of diverse perspectives.
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