Suppose That You Are Using the Naïve Forecasting Method with Trend

question 66

Multiple Choice

Suppose that you are using the naïve forecasting method with trend to forecast sales. If sales have been declining by 20% per week, and this week's sales amounted to $200, what would your forecast be for next week?

• A) $200
• B) $ 40
• C) $240
• D) $180
• E) $160

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Definitions:

Binary Sequence

A series of digits consisting only of zeros and ones, representing data or instructions in binary form.

Source Code

The set of instructions and statements written by a programmer using a programming language to create software.

CPU

Central Processing Unit, the primary component of a computer that performs the majority of its calculations and processing tasks.

Generation Languages

Different levels of computer languages, from low-level (closer to binary code) to high-level languages (closer to human languages).