Qualitative and judgmental statistical time-series

Reference no: EM1395798

Explain the differences between qualitative and judgmental statistical time-series, and explanatory/causal forecasting models.

Describe some common forecasting approaches for judgmental forecasting.

List and define the three principal ways of measuring forecast accuracy. What are the key differences among them?

Explain the differences between moving average and exponential smoothing models.

What is the difference between variables and attributes?

Describe the meaning of the term "in control."

Describe the steps involved in applying statistical process control.

Reference no: EM1395798

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