Which of the following statement(s) indicates limitations of quantitative forecasting methods?

Group of answer choices

They are virtually useless when data are scarce, such as at the opening of a new hotel, restaurant, or club.

They are unable to consider unforeseeable occurrences, such as wars or acts of terrorism, and their impact on lodging properties.

They rely on historical data and assume that historical trends will continue into the future.

All of the above.