Question

6) The Delphi method used for forecasting: A) uses a single measure that weights multiple indicators and provides a measure of overall expectation. B) obtains forecasts through a comparative analysis with a previous situation. C) uses a panel of experts, whose identities are typically kept confidential from one another, to respond to a sequence of questionnaires. D) uses measures that are believed to influence the behavior of a variable that the researcher wishes to forecast.

Answer 1

C) uses a panel of experts, whose identities are typically kept confidential from one another, to respond to a sequence of questionnaires.

Explanation:

In Statistics, sampling can be defined as a process used to collect or select data (objects, observations, or individuals) from a larger statistical population using specific procedures.

There are various types of sampling used by researchers and these are;

1. Random sampling.

2. Systematic sampling.

3. Stratified sampling.

4. Cluster sampling.

5. Opportunity or convenience sampling.

The Delphi method is a structured communication framework or technique that is typically used as an interactive forecasting method to arrive at a group decision or opinion by relying on the feedback from a panel of experts. The individual opinions of the panel of experts are modified to ensure anonymity and are mainly an unbiased exchange of ideas, so as to produce a convergence of opinions.

Hence, the Delphi method used for forecasting uses a panel of experts, whose identities are typically kept confidential from one another, to respond to a sequence of questionnaires.