Cyclical VS Seasonal Methods in Forecasting
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Cyclical and seasonal methods in forecasting:
Which is more complicated to apply - cyclical or seasonal and why?
Which type of Forecasting error is better - constant error, upward trend error, or downward trend error? Why?
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Solution Summary
This solution discusses cyclical and seasonal methods in forecasting.
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Cyclical forecasting is more complicated to apply. This is because the business cycle is never exactly ...
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