What is a time-series forecasting model

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Reference no: EM131929876

Question: 1. Briefly describe the steps used to develop a forecasting system.

2 What is a time-series forecasting model?

3 What is the difference between a causal model and a time-series model?

4 What is a qualitative forecasting model, and when is using it appropriate?

5 What is the meaning of least squares in a regression model?

6 What are some of the problems and drawbacks of the moving average forecasting model?

Reference no: EM131929876

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