A Manufacturer of Bathtubs Analyzes the Relationship Between Its Sales

question 30

Multiple Choice

A manufacturer of bathtubs analyzes the relationship between its sales and the number of new houses being built in a particular region in order to forecast bathtub sales in that region.This type of forecasting is an example of:

• A)time-series analysis.
• B)the sales force composite method.
• C)the customer expectations method.
• D)correlation analysis.

---

Definitions:

Initially False Expectations

Expectations that start off as incorrect but may change over time as new information is acquired.

Fulfilment

The achievement of something desired, promised, or predicted, leading to satisfaction or happiness.

Self-Fulfilling Prophecy

A prediction or expectation about a situation or behavior that causes the prediction to be fulfilled by influencing the situation or people's behavior.

Studied Hard

A phrase indicating the process of dedicating significant effort and time to learning or mastering a subject matter.