In a Linear Trend Forecast, a Represents __________ While B

question 70

Multiple Choice

In a linear trend forecast, a represents __________ while b represents __________.

• A) Slope of the regression line, vertical axis intercept of the line
• B) The forecast value, the demand value
• C) Vertical axis of the line, slope of the regression line
• D) Slope of the regression line, horizontal axis intercept of the line

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Definitions:

Sensorimotor Stage

The first of the four stages in Jean Piaget's theory of cognitive development, occurring from birth to about 2 years of age, where infants learn about the world through their senses and motor activities.

Formal Operational

The stage of cognitive development in Piaget's theory where individuals learn to think abstractly and reason about hypothetical situations.

Concrete Operational

Describes a stage in Piaget's theory of cognitive development during which children develop logical but not yet abstract thinking.

Preoperational

The second stage in Piaget's theory of cognitive development, characterized by symbolic thinking and egocentrism in children aged 2 to 7 years.