Please watch the video below and answer the following questions: https://www.yo

 Please watch the video below and answer the following questions:
https://www.yo

 Please watch the video below and answer the following questions:

There  are many ways to approach business forecasting. For example, there are  both qualitative and quantitative methods. Some forecasts are based on  highly sophisticated statistical methods; some are based on experience  and examine past precedent, while others just follow a gut feeling.
The  selection of a method depends on many factors such as the context of  the forecast, the relevance and availability of historical data, the  degree of desirable accuracy, and others.
After watching the  TEDTalks video, should the executives have considered qualitative  methods, quantitative method or both in the decisions. Please be  specific.
What did you learn in this video that can apply to your professional life?