Which analytical technique uses historical data to make estimates of future numbers?
A) cost-benefit analysis
B) risk assessment
C) implementation analysis
D) forecasting

Question

Quizplus · Accepted Answer

Forecasting involves using historical data and trends to estimate future numbers or trends. Cost-benefit analysis evaluates the potential costs and benefits of a project or decision. Risk assessment evaluates potential risks and their likelihood of occurrence. Implementation analysis evaluates the feasibility and potential impact of implementing a plan or decision.

Which Analytical Technique Uses Historical Data to Make Estimates of Future