Which of the following forecasting methods is least dependent on historical sales data?
A) Regression analysis
B) Trend analysis
C) Time series analysis
D) Cycle analysis
E) A market test

Question

Quizplus · Accepted Answer

A market test is the least dependent on historical sales data as it involves directly introducing the product or service to a target market and observing their response. This provides real-time data that is not influenced by past sales trends or patterns. The other methods listed all rely on historical sales data to some extent.

Which of the Following Forecasting Methods Is Least Dependent on Historical