Which of the Following Techniques Uses Variables Such as Price

question 122

Multiple Choice

Which of the following techniques uses variables such as price and promotional expenditures, which are related to product demand, to predict demand?

• A) associative models
• B) exponential smoothing
• C) weighted moving average
• D) simple moving average
• E) time series

---

Definitions:

Undramatically

In a manner that is not marked by or involving dramatic, exciting, or sensational elements.

Overconfidence

The phenomenon where an individual's subjective confidence in their judgments is reliably greater than their objective accuracy.

Initial Beliefs

The preexisting perceptions or assumptions held by an individual before being exposed to new information or experiences.

Judgments

Judgments are cognitive processes involving evaluation or estimation of something or someone, often influenced by personal experience, knowledge, and values.