Final answer:
The Delphi Method is a qualitative research method involving input from a panel of experts. It can be used in fields such as economics and healthcare to make informed decisions or predictions.
Step-by-step explanation:
The Delphi Method is a qualitative research method commonly used in fields such as social sciences and business. It involves obtaining input from a panel of experts to make informed decisions or predictions. The method typically consists of several rounds of questionnaires or surveys, which are used to gather and analyze data.
An example of when the Delphi Method might be used is in forecasting economic trends. Economists and market analysts can use the opinions and insights of a panel of experts to predict future market conditions and make investment decisions.
Another example is in the field of healthcare. The Delphi Method can be used to gather input from medical professionals and researchers to develop best practices for treating a specific disease or condition.