Explain two ways institutional and temporal contexts

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Discussion

Explain at least two ways institutional, temporal, and historical contexts of forecasts affect their accuracy.

Describe a real or hypothetical situation that requires someone to make a policy decision. Then, select one of the three approaches to forecasting to apply: extrapolative, theoretical, or judgmental. Provide at least two reasons for your selection of the forecasting approach.

Reference no: EM131639934

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