A Friend Asks You If You Will Be His or Her

question 46

Multiple Choice

A friend asks you if you will be his or her date for the wedding of a mutual friend.Only after you agree does your friend mention that you will have to buy new formal wear for the wedding.Which technique did your friend use

• A) reciprocity norm
• B) highball technique 
• C) lowball technique
• D) foot-in-the-door technique

Recognize the role of cyclical patterns in long-term trend analysis.

Comprehend the significance of selecting appropriate smoothing parameters in exponential smoothing.

Understand the basic concepts of time series analysis including its definition and components.

Distinguish between the different types of moving averages.