Forecasts prepared with the percentage rate of change approach will normally be higher or lower than those obtained by other projective techniques.

Question

Quizplus · Accepted Answer

Forecasts prepared with the percentage rate of change approach often produce higher estimates because it assumes a consistent growth rate over time. Other techniques, such as time series analysis, may take into account fluctuations and seasonality, leading to different results.

Forecasts Prepared with the Percentage Rate of Change Approach Will