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Please give explanation. Thank you for your help. A retail analyst follows a bottom-up approach to forecast a retail company's sales. Which of the following
Please give explanation. Thank you for your help.
A retail analyst follows a bottom-up approach to forecast a retail company's sales. Which of the following steps is most likely used in the bottom-up approach? Obtain forecast for expected GDP growth rate. Use regression models to determine historical relationship between the economic growth rate and industry growth rate Use time series model to extrapolate historical sales growth to forecast future salesStep by Step Solution
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