Kyle Is Conducting a Sales Forecast by Adding Up His

question 51

Multiple Choice

Kyle is conducting a sales forecast by adding up his company's sales over the past five years and then dividing that by five (the number of years) .The forecasting technique he is using is called:

• A)moving average forecasting
• B)dynamic forecasting
• C)static forecasting
• D)indexing

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Definitions:

Life Satisfaction

A measure of well-being determined by how people reflect on their life as a whole rather than their current feelings.

Religiosity

The degree of religious observance, involvement, or belief in an individual's life.

Conscientiousness

Pertains to a personality trait characterized by diligence, carefulness, thoroughness, organization, and dependability.

Narrative Psychology

An approach in psychology focused on the study and use of personal storytelling and narratives to understand human experience and identity.