The Naïve Approach Is the Simplest Quantitative Forecasting Technique

question 35

True/False

The naïve approach is the simplest quantitative forecasting technique.

---

Definitions:

Arterioles

Small, muscular blood vessels that control blood flow from arteries into the capillary networks of the body's tissues.

Venules

Venules are small blood vessels that drain blood from capillaries into veins, playing a crucial role in the circulatory system by returning deoxygenated blood to the heart.

Granular Leucocyte

A Granular Leucocyte is a type of white blood cell characterized by the presence of granules in its cytoplasm, playing a role in the body's immune response.

Monocyte

A type of white blood cell; a large, phagocytic, nongranular leukocyte that enters the tissues and differentiates into a macrophage.