Compare the major strengths of the forecasting models

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1. Compare and contrastthe major strengths and weaknesses of analytic and nonanalytic forecasting.

2. Provide one (1) example of each method being used in a real-world scenario to support your answer.

3. Discuss the importance of the following four (4) guiding principles of forecasting

Length -

Transparent -

Conservative -

plot and data -

4. Next, select one (1) of the pervious principle and discuss how to apply it in a real world scenario.

5. Compare the major strengths and weaknesses of the forecasting models

6. Outline the primary conditions in which regression is a useful and applicable forecasting tool.

7. Provide one (1) example of such a condition to support your answer.

Reference no: EM131580337

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