The regression method is a ________ method of sales forecasting.
A) hall test
B) surveys
C) quantitative
D) qualitative
E) focus group

Question

Quizplus · Accepted Answer

The regression method is a quantitative method of sales forecasting which involves using historical data to identify patterns and trends in order to make predictions about future sales. This method calculates the relationship between the dependent variable (sales) and one or more independent variables (such as time, price, advertising expenditure, etc.) to generate a forecast.

The Regression Method Is a ________ Method of Sales Forecasting