In a Recent Study,more Than 70% of Those Surveyed Said

question 79

True/False

In a recent study,more than 70% of those surveyed said they did not trust online businesses with their personal information.

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Definitions:

Historical Demand

The record of past consumer purchasing behavior that is used to predict future demand patterns.

Qualitative Forecasting Methods

Forecasting techniques based on expert judgments and not on numerical data, often used for market trends.

Time Series Forecasting Methods

Statistical techniques used to predict future values based on previously observed values over time, often applied in finance, weather forecasting, and inventory management.

Simplicity

The quality of being easily understood or executed without complexity.