A Sales Forecasting Method That Obtains the Combined Views of the Sales

question 82

Multiple Choice

A sales forecasting method that obtains the combined views of the sales force about the future outlook for sales is

• A) jury of executive opinion method.
• B) sales force composite method.
• C) customer expectations method.
• D) correlation analysis.

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Definitions:

Simple Random Sample

A subset of individuals chosen from a larger set, where each member has an equal chance of being selected.

Associated Population

The group of all elements or individuals that share one or more characteristics, from which a sample may be drawn for a statistical study.

Statistic

A characteristic or measure obtained by using the data values from a sample.

Judgment Sampling

A non-probability sampling technique where the researcher selects units to be sampled based on their knowledge and professional judgment.