Answered step by step
Verified Expert Solution
Question
1 Approved Answer
What is a benefit of applying statistical methods to HR forecasting? They are particularly useful in dynamic environments. Under the right conditions, they provide predictions
What is a benefit of applying statistical methods to HR forecasting?
They are particularly useful in dynamic environments. Under the right conditions, they provide predictions that are much more precise than a human forecaster's subjective judgment.
They are particularly useful in predicting important events that have no historical precedent.
They are invariably better than the "best guesses" of experts.
They can be used by organizations as a substitute for relying on the subjective judgments of experts.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started