Describe the confidence interval forecast

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Question: What is the difference between a point forecast, a confidence interval forecast, and a prediction interval forecast? Give an example of each within the context of a specific healthcare scenario with which you are familiar? Which of the three do you think is most applicable in business forecasting? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM131866085

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