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Compare and contrast qualitative, time series, and causal analysis approaches to revenue forecasting.

The book for this is Public Budgeting in America 5th Edition Smith/Lynch

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Compare and contrast qualitative, time series, and causal analysis approaches to revenue forecasting.

The qualitative methods of revenue forecasting use judgment, experience and opinions for making revenue forecasts. Usually, the qualitative method of revenue forecasting is used when the time series data is either missing or for some reason has been rendered useless. The qualitative method of forecasting revenues is used when there is chance of sudden movement in revenues. It is used when ...

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