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    What is the importance of forecasting?

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    With all the forecasting we get on a daily basis from the weatherman etc., and with all the technology we have at our disposal, why cant we get the perfect forecast?

    © BrainMass Inc. brainmass.com June 4, 2020, 3:51 am ad1c9bdddf

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    There is no way to get the perfect forecast of any kind, because it is a prediction or education guess of what may happen in the future. As humans we always seek a glimpse into the future, but even with all of the technology that we have even the best guess could turn out to be way off the mark. There are so many variables in any ...

    Solution Summary

    How do you get the perfect forecast? Is it possible? Is forecasting important?