Panel consensus is based on the assumption that
A. Several experts can arrive at a better forecast than one person
B. Minimize the biases in the subjective methods
C. The collection of information is gathered from a representative sample
D. The forecast is done on an adhoc basis
Answer:A
Panel consensus is based on the assumption that
A. Several experts can arrive at a better forecast than one person B. Minimize the biases in the subjective methods C. The collection of information is gathered from a representative sample D. The forecast is done on an adhoc basis