Question

The process of reviewing historical items such as revenues and relating changes in those items to some business factor to form a predictive chart is called ______ in human resource forecasting.

Answer 1

TREND ANALYSIS

Step-by-step explanation:

Trend analysis is the process whereby business data are compared over time with the aim of identifying consistent result or as the name implies, trend. It is used in forecasting to predict the future movement of events through a time series data analysis. Various data and information are usually analyzed in order to spot a trend or pattern which can be used in predicting based on things seen to be trending. It's of the opinion that what happened in the past will occur again. It's useful in sales, marketing, product planning, corporate planning and so on.