Informed Judgment Sample Clauses

Informed Judgment. Such Signing Stockholder has had the opportunity to discuss the transactions contemplated herein with his or her independent attorneys, accountants, investment and financial advisors. Such Signing Stockholder has been furnished or provided access to such additional information as the Signing Stockholder or his or her advisors have requested. Such Signing Stockholder has had the opportunity to discuss Seller's business, management and financial affairs, and all documents affecting Seller generally, with Seller's management.

Informed Judgment. 34 SECTION 7.

Informed Judgment. Informed judgment is the simplest method for forecasting, because it needs very little data and if there is too much data it will confuse the decision maker and slows the process down (▇▇▇▇▇ and Caves, 2000). The recent research of informed judgment illustrated by the UK Office of Science and Technology (▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇ and ▇▇▇▇▇▇, 1955) surveyed technical experts in their own fields. Among many quite reasonable predictions, it also concludes that multimedia teleconferencing would be preferred to business by 2007, that the direct operating costs of aircraft would be halved by 2008 and there would be autonomous aircraft that would not need air traffic control by 2007, these dates being the average of responses. The refined version of expert judgment is called Delphi technique, which also used by IATA in compiling airlines’ views for future. The method of Delphi technique is a panel of experts that have their judgments returned to them together with those of the other experts, so that they can adjust their views before the final illustration of the results. (▇▇▇▇▇ and Caves, 2000) As mentioned before, informed judgment is usually applied for a small amount dataset. If more data is available for the research required the more informed the judgment and are able to incorporate them at the expense in time and cost (▇▇▇▇▇ and Caves, 2000).