Trend Extrapolation Involves

Multiple Choice

Trend extrapolation involves

A) extending a pattern observed in past data into the future.
B) selecting specific points on a graph of sales or market share, multiplying by the cost of living index, and allowing for a variation of plus or minus 3%.
C) averaging the total sales or market share for the previous 5 years, and multiplying that number by 1.5% of the GNP for the next year's forecast.
D) selecting a given percentage and using that number as a yearly predictive base regardless of changes in sales, revenue, or market share.
E) collecting projections from all regional sales managers and making projections based on a region to region basis.