Briefly Explain the Best-Known Statistical Method Used by Marketers to Develop

question 128

Essay

Briefly explain the best-known statistical method used by marketers to develop a company's sales forecasts.In your explanation,explain the strengths and weaknesses of using this method.

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Definitions:

Conclusion

The final part of something, typically a document, speech, or thought, summarizing or bringing it to an end.

Proposals

Documents or presentations that outline suggestions for a course of action, highlighting benefits and methods.

Needs

Fundamental requirements or necessities essential for an individual's well-being and to lead a healthy life.

Memorandum

A written message, especially in a business setting, used for communication within an organization.