The Forecasting Techniques That Assume Past Sales Patterns Will Continue

question 136

Multiple Choice

The forecasting techniques that assume past sales patterns will continue into the future are all variations of

• A) regression analysis.
• B) random factor analysis.
• C) seasonal analysis.
• D) time series analysis.
• E) past sales forecasting surveys.

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Definitions:

High Pressure

Conditions involving significantly greater than normal atmospheric pressure, often affecting material properties and chemical reactions.

Global Belts

Zones around the Earth characterized by specific climatic, geological, or ecological features, such as the tropical or temperate belts.

Prevailing Winds

Winds that blow predominantly from a single general direction over a particular point on the Earth's surface.

Atmospheric Solar Heating

The process by which the Sun's energy warms the Earth's atmosphere and surface, influencing climate and weather patterns.