Regression analysis as a forecasting tool is less restrictive than the percent of sales.

Question

Regression analysis as a forecasting tool is less restrictive than the percent of sales.​

Quizplus · Accepted Answer

Regression analysis allows for the examination of multiple variables and relationships, whereas percent of sales relies solely on historical sales data and assumes a constant percentage of sales for forecasting. Therefore, regression analysis is generally considered to be less restrictive and more flexible as a forecasting tool.

Regression Analysis as a Forecasting Tool Is Less Restrictive Than