Multiple Choice
Tourism is the backbone of the economy of Nirvana. The industry is given top priority by the government that recognizes the high stakes involved. Given only data on annual arrivals of tourists to Nirvana, which method of projecting future demand should be recommended?
A) multiple regression
B) trend analysis
C) simple regression
D) computer simulation
E) any of the above depending on size of research budget
Correct Answer:

Verified
Correct Answer:
Verified
Q2: Seasonal fluctuations in demand are a problem
Q3: Which is the most meaningful measure of
Q4: Visitor days as a measure of demand
Q5: Which of the following is not a
Q6: Demand for tourism is income elastic because:<br>A)
Q8: The best method of forecasting tourism demand
Q9: What is meant by elasticity of demand
Q10: Which of the following is true regarding
Q11: From the standpoint of general recognition of
Q12: Which of the following does not directly