--%>

State Extrapolation statistical Method of Demand Forecasting

States the Extrapolation statistical Method of Demand Forecasting?

E

Expert

Verified

Extrapolation: During this method the future demand can be extrapolated through applying binomial expansion method. It is based on the assumption which the rate of change in demand into the past has been uniform.

   Related Questions in Managerial Economics

  • Q : Signaling and Screening Problem Assume

    Assume that you view a degree as a ticket to a high-paying job along with prospects of quick promotion, and that accumulating human capital by learning and studying valuable material is largely not relevant. Your perception is which a college degree f

  • Q : Differentiate between Private Cost and

    Differentiate between Private Cost and Social Cost.

  • Q : Which progress illustration was Pilgrims

    Agricultural productivity within Massachusetts Bay Colony increased while Native Americans showed Pilgrims how crops grow faster and better when rotten fish are dropped in along with newly-planted seeds. This new knowledge for the Pilgrims was an illustration of: (1)

  • Q : What are the types of price

    What are the types of price discrimination?

  • Q : Illustration of Human Capital On-job

    On-job training, there a college education, as well as leadership skills is all illustrations of: (w) financial capital. (x) human capital. (y) investment. (z) economic capital. Hey friends please give your opinion for the problem

  • Q : Equal pay for equal work rule Rigid

    Rigid enforcement of “equal-pay-for-equal-work” law would: (w) raise the wage of minority workers who had been discriminated against. (x) lower the wages of “favored” non minority workers who had received higher wages before. (

  • Q : States the Delphi Survey method of

    States the Delphi Survey method of Demand Forecasting?

  • Q : Different types of determinants of

    What are the different types of determinants of advertisement elasticity?

  • Q : Depletion of fossil fuel Resources I

    I have a problem in economics on Resources. Please help me in the following question. The depletion of the fossil fuel reserves will cause the world’s production possibilities frontier to shift: (i) Outward and decrease capacity

  • Q : States the term Demand Analysis States

    States the term Demand Analysis?