Question: A. Discuss the mathematical methods reflected on in order to reduce forecasting error. (4 pts.) Hint: There are at least 2 numbers required and 2

A. Discuss the mathematical methods reflected on in order to reduce forecasting error. (4 pts.) Hint: There are at least 2 numbers required and 2 different options. B. Compare the 4 Qualitative Methods for forecasting (pgs. 188-191). Give a working example of each. (4 pts.) C. Time-Series Forecasting (pgs. 191-197). Discuss Moving Average, Weighted Moving Average and Exponential Methods and provide an example (3 pts.) D. Causal Forecasting Methods (pgs. 192-194; 200-202). Explain what a Regression is and how this is of value for analysis as compared to only relying on Mean values. In other words, clearly explain the difference between these two statistics. Note: this is not a short answer question and you need to provide an example of each. (5 pts.)

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