Using a mathematical model to predict sales on the basis of past sales or a correlation with related variables is an example of:

Question

Quizplus · Accepted Answer

Using a mathematical model to predict sales based on past sales or correlation with related variables involves collecting and analyzing secondary data, making it an example of secondary data research. Experimental, survey, and observation research involve collecting primary data through experiments, surveys, or observations, respectively.

Using a Mathematical Model to Predict Sales on the Basis