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Which of the following statements comparing respiration in fish and in mammals is correct?
Quantitative Forecasting
The use of numerical data and statistical models to predict future outcomes based on historical data.
Regression Analysis
Presupposes that a linear relationship exists between one or more independent (causal, or predictor) variables, which are predicted to affect the dependent (criterion) variable-in our instance, future HR demand for personnel (i.e., the number of employees).
Trend Projection
A forecasting technique that extends past data points into the future to predict outcomes, often used in sales, finance, and inventory planning.
HR Forecasting
A method used in human resources to estimate future workforce needs to achieve the organization's objectives.
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