How can historical sales data be utilized in Model Builder?

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Utilizing historical sales data in Model Builder involves training models that can forecast future sales revenue. This is possible because the historical data provides a comprehensive view of past sales activities, trends, and patterns. By inputting this data into the model, it can learn from previous sales performance, understand seasonality, and identify factors that influence sales outcomes. Consequently, the model can make predictions about future sales, which can help businesses in planning and strategy development.

The other alternatives do not leverage historical sales data in the same predictive or analytical capacity. Static reports primarily present data without the analytical insights or forecasting capabilities that historical data can provide when used in a model. Predicting marketing trends independent of sales data lacks the integration of critical revenue insights that can enhance accuracy. Analyzing customer satisfaction typically focuses on feedback and experience rather than outright sales performance, making it less relevant to the utilization of historical sales data for forecasting.

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