The Sales Force Composite Approach to Forecasting Is a Quantitative

question 29

True/False

The sales force composite approach to forecasting is a quantitative forecasting method because it uses past sales data to predict future sales potential.

---

Definitions:

Portfolio

A portfolio is a collection of financial investments like stocks, bonds, commodities, cash, and cash equivalents, including closed-end funds and exchange traded funds (ETFs).

Covariance

A measure that indicates the extent to which two random variables change in tandem.

Expected Returns

The anticipated profit or loss from an investment over a specific period, often used to evaluate the attractiveness of a financial asset.

Portfolio

A collection of financial investments like stocks, bonds, commodities, cash, and cash equivalents, including mutual funds and ETFs.