Question

Which of the following is NOT a "Rule of Forecasting"?

A. Forecasting should always include a quantitative analysis
B. The likelihood of forecast accuracy decreases as you attempt to forecast events further in the future
C. The forecast is very likely to be wrong
D. The likelihood of forecast accuracy increases as you forecast at the aggregate level

Answer 1

A. Forecasting should always include a quantitative analysis

Forecasting makes predictions about the future using knowledge of past and current events, so the analysis is not always about something than can be measured/counted (aka quantified).