Business Studies, asked by krishnapriyasuresh13, 1 month ago

what is forecasting in POM short definition ​

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Answered by pds39937
6

Explanation:-

Forecasting is the process of making predictions of the future based on past and present data and most commonly by analysis of trends. A commonplace example might be estimation of some variable of interest at some specified future date. Prediction is a similar, but more general term.

Answered by Anonymous
1

Answer:

Forecasting is the process of making predictions of the future based on past and present data and most commonly by analysis of trends. A commonplace example might be estimation of some variable of interest at some specified future date. Prediction is a similar, but more general term.

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