Sales are often correlated with the regional or national economy, so it is not necessary to incorporate economic forecasts into the model.

Question

Quizplus · Accepted Answer

While sales may be correlated with the regional or national economy, economic forecasts can provide more precise and accurate predictions for future sales growth or decline. Incorporating economic forecasts into the model can help companies make more informed decisions and adjust their strategies accordingly.

Sales Are Often Correlated with the Regional or National Economy