When General Motors Surveys Its Car Dealers to Determine Which

question 57

Multiple Choice

When General Motors surveys its car dealers to determine which styles and quantities of cars are desired across Canada, they are using which specific forecasting technique?

• A) regression models
• B) customer evaluation
• C) substitution effect
• D) economic indicators
• E) time series analysis

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Definitions:

Unpredictable Basis

Lacking a consistent or predictable foundation, often leading to random or variable outcomes.

Reinforces

Strengthens behavior through the use of positive feedback or consequences, making the behavior more likely to occur in the future.

Fixed-Ratio Schedule

A reinforcement schedule in behavioral psychology where a response is reinforced only after a specified number of responses have been made.

Operant Conditioning

A method of learning that occurs through rewards and punishments for behavior, encouraging the repetition of desired behaviors.