Trend Extrapolation Involves

question 318

Multiple Choice

Trend extrapolation involves

• A)extending a pattern observed in past data into the future.
• B)selecting specific points on a graph of sales or market share,multiplying by the cost of living index,and allowing for a variation of plus or minus 3%.
• C)averaging the total sales or market share for the previous 5 years and multiplying that number by the expected GDP growth rate for the next year (say 1.5%)to arrive at the next year's forecast.
• D)selecting a given percentage and using that number as a yearly predictive base regardless of changes in sales,revenue,or market share.
• E)collecting projections from all regional sales managers and making the final projection.

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