The Sales Prediction Technique Based on the Correlation Between Sales

question 198

Multiple Choice

The sales prediction technique based on the correlation between sales and other factors such as population density, per capita income, or family size is

• A) executive judgment.
• B) time series analysis.
• C) regression analysis.
• D) a market test.
• E) an expert survey.

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Definitions:

Federal Government

The national government of a country, which holds the ultimate authority over its territories and is responsible for implementing national policies and laws.

Social Security Taxes

Taxes imposed on both employers and employees to fund the Social Security program, which provides retirement, disability, and survivor benefits.

State Unemployment Credit

A tax credit offered to employers by the state, related to unemployment insurance payments.

FUTA Purposes

Relates to the Federal Unemployment Tax Act, which imposes a payroll tax on businesses to fund state workforce agencies.