Question

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In your own EXPLAIN the forecasting techniques:

Survey Method
Opinion Poll
Business Barometers
Time Series Analysis
Regression
Analysis Input-Output analysis

Answer 1

Answer:

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Explanation:

Forecasting is a technique that uses historical data as inputs to make informed estimates that are predictive in determining the direction of future trends. Businesses utilize forecasting to determine how to allocate their budgets or plan for anticipated expenses for an upcoming period of time.