What is the goal of the historical-statistical ...

[KimWrice]

What is the goal of the historical-statistical method?

Question 2

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

[Athena23]

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]

Thanks for the timely response, appreciate it

[carlsona147]

Excellent