What is trend extrapolation?
A) The process of converting intuition and hunches into reality.
B) The extension of present trends into the future.
C) Process of asking some authorities in the area to make an "informed guess" about the future.
D) Given a large amount of historical data on certain interrelated factors, one attempts to conceptualize alternative futures.
E) Detecting faulty underlying assumptions before forecasting errors can occur.
Correct Answer:
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