Question

1. discuss the forecasting techniques?

2. discuss the objectives methods and types of forecasting

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Answer 1

here is your answer mate ......

Answer 2

Answer:

1)Techniques of Forecasting:

Historical Analogy Method: Under this method, forecast in regard to a particular situation is based on some analogous conditions elsewhere in the past. ...

Survey Method

Opinion Poll

Business Barometers

Time Series Analysis

Regression Analysis

Input-Output analysis

2)There are three categories of objective forecasting methods: time series, causal/econometric, and artificial intelligence. ... Time series methods attempt to estimate future outcomes on the basis of historical data

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