Social Sciences, asked by simar205, 1 year ago

In general which forecasting time frame best identifies seasonal effects

Answers

Answered by Jasleen0599
0

Forecasting is basically a guessing of new data and it's review and update. The best effect of forecasting can be seen during the war of political elections or economic conditions. The forecasting develops the trend lines.

Forecasting made on prediction of future data is purely based on the analysis made on past data. During analysis, the pattern of data must be constant.

Answered by indiabrainly
0

Answer:

Explanation:

Forecasting can be defined as a guessing of several new thing or data and the review or update of the data.

The forecasting is generally used during the political elections and in case of various economic conditions. It can develop trend lines.

It is generally made after analyzing the past data to guess the future data.

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