Importance of the four guiding principles of forecasting

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Reference no: EM131138274 , Length: word count:250

"Forecasting"

Please respond to the following:

Compare and contrast the major strengths and weaknesses of analytic and nonanalytic forecasting.

Provide one (1) example of each method being used in a real-world scenario to support your answer.

Discuss the importance of the four (4) guiding principles of forecasting. Next, select one (1) principle and discuss how to apply it in a real world scenario.

Reference no: EM131138274

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