Jacob is reviewing the past 10 years of Acme Global's production and calculating specific proportions between production levels and number of employees.He plans to use the information to understand the relationship between production and number of employees.The process in which Jacob is engaged is ________.

Question

Quizplus · Accepted Answer

Jacob is using a mathematical technique called ratio analysis, which involves calculating specific proportions between two variables (in this case, production levels and number of employees) to better understand their relationship. Other methods like qualitative forecasting, regression analysis, and trend analysis do not involve this type of comparison between variables.

Jacob Is Reviewing the Past 10 Years of Acme Global's