When a Time Series Is Analyzed by the Model Y_t

question 12

Multiple Choice

When a time series is analyzed by the model y_t = T_t × S_t × I_t, which of the following is valid?

• A) Setting the estimated value of T_t and S_t at 1.
• B) Setting the estimated value of T_t at 1.
• C) Setting the estimated value of I_t at 1.
• D) Setting the estimated value of S_t at 1.

---

Definitions:

Sales Approach

A strategy or method employed by salespeople to engage potential customers and encourage them to buy.

Retail Salesperson

An individual working in a retail environment, responsible for assisting customers, managing product displays, and processing purchases.

Relationship Selling

is a sales approach that emphasizes building long-term customer relationships based on trust and value, rather than focusing solely on transactions.

Sales Presentation

A formal pitch or demonstration of a product or service aimed at persuading potential customers to make a purchase.