Forecast

Quantative Forecasting includes: (Select all that apply)

Time Series Components include: (select all that apply)

Qualitative Forecasting includes: (Select all that apply)

The two general approaches to forecasting:

Seasonal indices adjust raw data for patterns that repeat at regular time intervals.

Most forecasting techniques assume that there is some underlying stability in the system.

Forecasts

Forecasts are usually classified by time horizon into three categories:

Seasonality is a data pattern that repeats itself after a period of days, weeks, months, or quarters.