Examlex
A researcher designs his questionnaire in such a way that respondents can communicate the intensity with which they like or dislike a product by circling an appropriate number from the response options that go from 1 to 7 (where 1 is "strongly disagree" and 7 is for "strongly agree") . These numbers (1 to 7) are commonly referred to as:
Forecasting
The process of making predictions of the future based on past and present data.
Indicators
Measures or signals used to assess current conditions or to forecast financial or economic trends.
Indexes
Statistical composite measures that track changes in economic conditions or markets, made up of selected data points from various sources.
Forecasting
The process of making predictions about future events based on historical and current data.
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