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Author Question: What is the goal of the historical-statistical method?[br][br][b][color=#FBB117]Question ... (Read 39 times)

KimWrice

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on: Jun 29, 2018
What is the goal of the historical-statistical method?

Question 2

What is the essential nature of the experimental method of budgeting?


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Athena23

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Reply #1 on: Jun 29, 2018
Answer to Question 1

The goal is to build a regression model in which sales are predicted by past sales, communications expenditure levels, and other factors.

Answer to Question 2

The experimental method states that an effective way to determine an optimal amount of expenditures is to experiment with different amounts and observe the effects.


KimWrice

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

ricroger

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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