Question

I mark you brainliest if you answer this :) There are four main types of forecasting methods that financial analysts use to predict future revenues, expenses, and capital costs for a business. four main types of forecasting methods EXPLAIN in your own (1) straight-line (2) moving average (3) simple linear regression, and (4) multiple linear regression.

Answer 1

Hope it help you

Uses

Straight line = constant growth rate
Moving average = repeated forecasts
Simple linear regression = compare one independent with one dependent variable
Multiple linear regression = compare more than one independent variable with one dependent variable

Math involved =1. Minimum level
2. Minimum level
3. Statically knowledge required
4.same as three
data needed = 1. Historical data
2. Same
3. A sample of relevant observation
4. Same

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