A Technique That Analyzes Past Behavior of a Time-Series Variable

question 62

Multiple Choice

A technique that analyzes past behavior of a time-series variable to predict the future is referred to as

• A) a regression model.
• B) a seasonal model.
• C) a past performance model.
• D) an extrapolation model.

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Definitions:

Corporation

A business organized under state or federal statutes as a separate legal entity.

Proprietorship

A business entity owned and run by one individual, where there is no legal distinction between the owner and the business.

Partnership

An unincorporated business form consisting of two or more persons conducting business as co-owners for profit.

Service Business

A form of enterprise offering non-physical goods or services to its clients instead of tangible products.