Using Mathematical and Statistical Analyses of Historical Data and Surveys

question 145

Multiple Choice

Using mathematical and statistical analyses of historical data and surveys to predict future events is called __________.

• A)Quantitative forecasting.
• B)Guesswork.
• C)Qualitative forecasting.
• D)Contingency planning.
• E)Expert planning.

---

Definitions:

Proceeds

Refers to the money or other benefits received from a transaction or event.

180 Days

A time period equivalent to roughly six months, often referenced in the context of deadlines or durations for specific actions or conditions.

Debtor

An individual or entity that owes money to another individual or entity, known as the creditor.

Financing Statement

A document filed to give public notice that a lender has a security interest in a debtor's personal property, used in secured transactions.