A manager has collected data on the dollar value of sales and has divided this by the number of FTE.Assuming this relationship will hold in the future, and using projected sales, the manager estimates the number of employees required.This is an example of ________.
A) regression analysis
B) ratio analysis
C) trend analysis
D) Markov analysis

Question

Quizplus · Accepted Answer

This is an example of ratio analysis, where the manager is using the ratio between sales and FTE to estimate the number of employees required. Regression analysis involves identifying the relationship between variables, trend analysis involves identifying patterns in past data to predict future outcomes, and Markov analysis involves modeling transitions between states over time.

A Manager Has Collected Data on the Dollar Value of Sales