A magazine publishes forecasts of industry conditions, interest rates, unemployment trends, and national economies every quarter. It uses expert opinion to predict the future. This method of forecasting the future falls under the category of ___ forecasting.

A) specific
B) attainable
C) timely
D) measurable
E) qualitative

Qualitative Forecasting

A forecasting method that uses expert opinions and other non-quantifiable information to predict future events.

Expert Opinion

Advice or evaluation from someone recognized as an authority in a specific field, often used as a credible source of information.

Future

An undefined time period that has yet to occur, encompassing all events and possibilities that are to come.