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    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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    Cyclical forecasting is more complicated to apply. This is because the business cycle is never exactly ...

    Solution Summary

    This solution discusses cyclical and seasonal methods in forecasting.