Appropriate quantitative forecasting methods
Not what you're looking for?
What conditions make quantitative forecasting methods appropriate? Besides taking historical data to forecast future data points. Please provide an explanation without using math if possible.
Purchase this Solution
Solution Summary
The solution explains when quantitative forecasting is appropriate.
Solution Preview
TIME SERIES FORECASTING METHODS
Time series forecasting methods are based on analysis of historical data (time series: a set of observations measured at successive times or over successive periods). They make the assumption that past patterns in data can be used to forecast future data points.
1. Moving averages (simple moving average, weighted moving average): forecast is based ...
Purchase this Solution
Free BrainMass Quizzes
Probability Quiz
Some questions on probability
Geometry - Real Life Application Problems
Understanding of how geometry applies to in real-world contexts
Multiplying Complex Numbers
This is a short quiz to check your understanding of multiplication of complex numbers in rectangular form.
Exponential Expressions
In this quiz, you will have a chance to practice basic terminology of exponential expressions and how to evaluate them.
Solving quadratic inequalities
This quiz test you on how well you are familiar with solving quadratic inequalities.