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In many cases the best source of information on future risks is ______

a. Historical data
b. Expert opinion
c. Market research
d. Financial statements

User Jose Seie
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Final answer:

The best source of information on future risks is often expert opinion, as they can integrate different types of data, including market research and historical trends, along with their experience to make predictions.

Step-by-step explanation:

In many cases, the best source of information on future risks is expert opinion. While historical data can provide valuable insights about past trends, experts are able to synthesize various types of information, including market research and financial statements, to make informed predictions about the future. Furthermore, according to previous studies and observations, experts often have a strong sense of what might happen in the future even before conducting a detailed analysis. This intuitive understanding complements the data and can help identify potential errors in judgment and assumptions. Considering all available resources, expert opinions blend experience, knowledge, and analytical skills to foresee and assess potential risks.

User Strydom
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