A forecasting method that predicts sales based on relationships between past sales and one or more independent variables is called .
A) regression analysis
B) customer forecasting surveys
C) the Delphi technique
D) random factor analysis
E) time series analysis

Question

Quizplus · Accepted Answer

Regression analysis is a forecasting method that uses statistical techniques to model and analyze the relationships between a dependent variable (such as sales) and one or more independent variables.

A Forecasting Method That Predicts Sales Based on Relationships Between