(1) explain in detail what each of them do.
? Descriptive Measures
? Sampling Distributions
? Linear Regression
? Time Series Forecasting
? Index Numbers
? Decision Making
(2) explain the advantages and disadvantages each of them have if they are attempted to be used by a finance department to forecast the sales budget for the coming year.
(3) identify (with reasons) which technique is most appropriate to undertake the task proposed above by the finance department.
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