Predicting future performance based on historical events is called ___________.
Historical analysis
Trend analysis
Parametric analysis
Pareto analysis
My answer was # 1 : Historical analysis, but given the answer in Scordo was Trend analysis, why Trend analysis. ?
Please clarify the diff, between trend and Historical analysis
Predicting future performance
Re: Predicting future performance
balaji1987 wrote:Predicting future performance based on historical events is called ___________.
Historical analysis
Trend analysis
Parametric analysis
Pareto analysis
My answer was # 1 : Historical analysis, but given the answer in Scordo was Trend analysis, why Trend analysis. ?
Please clarify the diff, between trend and Historical analysis
historical analysis is restricted to only understanding the factual historical performance
trend analysis is also historical but the focus is on observing the trends in past and based on that do some level future prediction on project performance
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