What is the primary purpose of time series analysis?

3.3.2 Interpreting Marketing Data

Quiz
•
Social Studies
•
Professional Development
•
Hard

James Hannaford
FREE Resource
45 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
To predict future sales
To reveal underlying patterns by recording and plotting data over time
To measure the effectiveness of marketing campaigns
To identify random fluctuations in data
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT a characteristic of trends in time series analysis?
Upward
Constant
Downward
Random
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What type of fluctuations repeat on a regular basis?
Seasonal fluctuations
Random fluctuations
Major disturbances
Unpredictable events
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is an example of a random fluctuation?
Sales of ice lollies over a year
The 2013 "horse meat" scandal
Use of electricity over a 24-hour period
Sales of a particular product over a number of years
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How can time series analysis be used in marketing?
To set sales targets
To measure sales performance
To look for links between sales and marketing activity
To predict the average increase or decrease over a few years
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is extrapolation used for in the context of sales data?
To reveal underlying patterns
To forecast future sales
To identify random fluctuations
To measure the effectiveness of marketing campaigns
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If sales have increased by 8% a year for the past five years, what will extrapolation predict?
Sales will decrease in future years
Sales will remain the same
Sales will continue to increase by 8% a year
Sales will fluctuate randomly
Create a free account and access millions of resources
Similar Resources on Quizizz
50 questions
United States 50 states and capitols

Quiz
•
5th Grade - Professio...
40 questions
7-8 AM Events Management Quiz

Quiz
•
Professional Development
50 questions
Elobest General Knowledge quiz

Quiz
•
8th Grade - Professio...
40 questions
LATIHAN SOAL DASAR PROG. KEAHLIAN BDP

Quiz
•
12th Grade - Professi...
40 questions
test 1 tckt

Quiz
•
Professional Development
40 questions
Trivia 360!!

Quiz
•
Professional Development
43 questions
3.7.5 Economic environment

Quiz
•
Professional Development
47 questions
Mariano's Vocab

Quiz
•
Professional Development
Popular Resources on Quizizz
15 questions
Multiplication Facts

Quiz
•
4th Grade
25 questions
SS Combined Advisory Quiz

Quiz
•
6th - 8th Grade
40 questions
Week 4 Student In Class Practice Set

Quiz
•
9th - 12th Grade
40 questions
SOL: ILE DNA Tech, Gen, Evol 2025

Quiz
•
9th - 12th Grade
20 questions
NC Universities (R2H)

Quiz
•
9th - 12th Grade
15 questions
June Review Quiz

Quiz
•
Professional Development
20 questions
Congruent and Similar Triangles

Quiz
•
8th Grade
25 questions
Triangle Inequalities

Quiz
•
10th - 12th Grade