________ refers to analyzing historical and seasonal trends and then taking into account existing and predicted business conditions to estimate some variable of interest.
A)Optimization
B)What-if analysis
C)Forecasting
D)Goal-seeking analysis

Question

Quizplus · Accepted Answer

Forecasting is the process of predicting future trends based on historical data and current business conditions. It involves analyzing past trends and patterns and then using statistical models and techniques to estimate future outcomes. Optimization is the process of finding the best solution to a problem, what-if analysis involves exploring different scenarios to see how they would affect outcomes, and goal-seeking analysis involves finding the input values that achieve a specific output goal.

________ Refers to Analyzing Historical and Seasonal Trends and Then