Business Studies, asked by ishanaggar4314, 10 months ago

What all errors are possible in the forecasts and how to deal with such errors?

Answers

Answered by Anonymous
0

The Forecasting Process

Making a weather forecast involves three steps: observation and analysis, extrapolation to find the future state of the atmosphere, and prediction of particular variables. One qualitative extrapolation technique is to assume that weather features will continue to move as they have been moving.

Answered by xxZUBAKOxx
0

Explanation:

. Anchoring and adjusting –

Seeing patterns in randomness 

Putting your calling card on the forecast –

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