Trend analysis looks at the way a company's products have sold,while correlational analysis looks at:
A)the way a company's products will sell in the future
B)the average of the sales trends over the previous few sales periods
C)the effects of exponential smoothing
D)the trends of variables that are related to the product
E)sales forecasts for competing products

Question

Quizplus · Accepted Answer

Correlational analysis looks at the relationship between the company's product and other variables that may be affecting its sales, such as changes in the economy or consumer preferences. It does not necessarily predict future sales or rely on exponential smoothing. Therefore, choice D is the most accurate.

Trend Analysis Looks at the Way a Company's Products Have