RobustTires is an established tire manufacturer in Topeka. Every major brand of car uses its tires. It plans to open a branch in Buffalo City for which it intends to use time series analysis to forecast sales and the market potential. Which of the following methods is exemplified by RobustTires?
A. Analogy method
B. Statistical method
C. Observation method
D. Survey method
Answer:B
RobustTires is an established tire manufacturer in Topeka. Every major brand of car uses its tires. It plans to open a branch in Buffalo City for which it intends to use time series analysis to forecast sales and the market potential. Which of the following methods is exemplified by RobustTires?
A. Analogy method B. Statistical method C. Observation method D. Survey method