The owner of Leisure Boutique in a local mall is forecasting this month's (October's)demand for one of her best-selling products based on the following historical data: the series displays a trend. What is this month's forecast using the naive approach?
A)100
B)200
C)130
D)140
E)120 The series has a trend.

Question

The owner of Leisure Boutique in a local mall is forecasting this month's (October's)demand for one of her best-selling products based on the following historical data: the series displays a trend.  What is this month's forecast using the naive approach?
A)100 
B)200 
C)130 
D)140 
E)120 The series has a trend.

Quizplus · Accepted Answer

The Answer of The owner of Leisure Boutique in a local mall is forecasting this month's (October's)demand for one of her best-selling products based on the following historical data: the series displays a trend.  What is this month's forecast using the naive approach?
A)100 
B)200 
C)130 
D)140 
E)120 The series has a trend.

The Owner of Leisure Boutique in a Local Mall Is