Trend Extrapolation Involves

question 211

Multiple Choice

Trend extrapolation involves

• A)extending a pattern observed in past data into the future.
• B)selecting specific points on a graph of sales or market share, multiplying by the cost of living index, and allowing for a variation of plus or minus 3%.
• C)averaging the total sales or market share for the previous 5 years, and multiplying that number by 1.5% of the GNP for the next year's forecast.
• D)selecting a given percentage and using that number as a yearly predictive base regardless of changes in sales, revenue, or market share.
• E)collecting projections from all regional sales managers and making projections based on a region to region basis.