Which of these is the most complex method of sales forecasting from a statistical perspective?
A) The chain-ratio method
B) The market buildup method
C) Test marketing
D) Simulation

Question

Quizplus · Accepted Answer

Simulation is the most complex method of sales forecasting from a statistical perspective because it involves creating detailed models that can mimic or predict the behavior of a market under various scenarios. These models can incorporate a wide range of variables and their interactions, making the process intricate and computationally intensive.

Which of These Is the Most Complex Method of Sales