Which of the Following Techniques Uses Variables Such as Price

question 122

Multiple Choice

Which of the following techniques uses variables such as price and promotional expenditures, which are related to product demand, to predict demand?

• A) associative models
• B) exponential smoothing
• C) weighted moving average
• D) simple moving average
• E) time series

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Definitions:

Place Theory

A theory that proposes that our perception of sound depends on where each component frequency produces vibrations along the basilar membrane of the inner ear.

Low-Frequency Sounds

Sounds that have a frequency at the lower end of the audible range, typically below 250 Hz, often felt as vibrations more than they are heard.

High-Frequency Sounds

Sounds that have a high pitch, usually perceived as having a frequency over 2,000 Hz, which are often more difficult for certain populations, especially older adults, to hear.

Inattentional Blindness

A psychological lack of attention that is not associated with any vision defects, causing an individual to fail to perceive an unexpected stimulus.