Question

statistical planning models almost always need to be supplemented by competitor information. labor forecasts. subjective judgments of experts. labor indices. transitional matrices.

Answer 1

Statistical planning models almost always require the addition of expert specialists' subjective opinions. Subjective Judgment A judgment is a subjective view of anything; it is not a fact but rather a reflection of the judge's own opinions.

As a result, the phrase "excellent judgment" is actually an oxymoron because in order to declare anything to be good, one must first judge it. Depending on what a person considers to be "excellent," good judgment might vary from person to person. However, using excellent judgment typically refers to taking a self-serving activity.

The chase of money, which is thought to be the ultimate means of obtaining this reward, competes with good judgment. Since morality and ideals are intimately tied to judgment, poor morals and flawed ideals will negatively affect one's judgment.

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