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Can you guess the appropriate one when Judgmental adjustments are effective mostly? a. users want to...

Can you guess the appropriate one when Judgmental adjustments are effective mostly?

a. users want to use them to correct for a systematic pattern in the data that is thought to have been missed by the statistical model.

b. if there is Significant additional information at hand or strong evidence of the need for an adjustment.

c. users feel that they have contributed to the forecasts.

d. users can relate their own intuition and interpretations to forecasts.

Try to find best.

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Answer #1

Answer)
The correct one when the Judgmental adjustments are effective mostly will be the:
b. if there is Significant additional information at hand or strong evidence of the need for an adjustment.

The Judgmental adjustments are needed for adjustment when we have extra information which has not been incorporated int eh statistical model and thus when the adjustments are large they can be seemingly more accurate. Thus small adjustments should be avoided.

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