What Are the Different Types of Qualitative Forecasting Techniques?

Qualitative prediction technology is also known as judgment prediction technology. It is a method of collecting the judgments made by various people on the analysis process and then making predictions in an organized form. The qualitative prediction method is also called visual judgment method. Frequently used methods. Qualitative forecasting mainly relies on the information, experience and comprehensive judgment ability of forecasters to predict the future status and development trend of the market. This type of prediction method is simple and easy to implement, and is especially suitable for problems that are difficult to obtain comprehensive data for statistical analysis. ^[1]