# Answer on Statistics and Probability Question for cwh

Question #3157

& If historical time series data is very limited, what type of forecasting approach would be useful?& & & & & & & & & & & & & & & <br>& & & & & & & & & & & & & & & & & & <br>& & & a. Moving average& & & & & & & & & & & & & & & <br>& & & b. Delphi method& & & & & & & & & & & & & & & <br>& & & c. Double exponential smoothing& & & & & & & & & & & & & & & <br>& & & d. Regression model with seasonality

Expert's answer

If you need to make a forecast and the historical time series data is very limited it's hard to apply quantitative methods (as a,c,d).The qualitative methods should be used. Among them are expert assessment methods, the

*Delphy metho*d is one of expert assessment methods. So the answer is**b.Delphi method**Need a fast expert's response?

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