Apply the exponential smoothing time series approach to forecasting and identify its advantages and limitations. Exponential smoothing - uses a smoothing constant and recent actual and forecasted activity to estimate future activity. Apply the Causal Methods approach to forecasting Causal. 1. single regression. 2. multiple regression.
Regression analysis predicts dependent variable based on independent variables.
Cx2 - regression equation. Coefficient of correlation . Describe qualitative forecasting methods. Marketing research . Jury of executive opinion.