Economy, asked by jemima2017kits, 8 months ago

write short note on forecasting​

Answers

Answered by manehoguman99
0

Answer:

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.

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