Question: Describe the various forecasting methods. What are the steps needed to develop a forecast? Explain how you could use Excel to help develop a forecast.

Describe the various forecasting methods. What are the steps needed to develop a forecast? Explain how you could use Excel to help develop a forecast. Provide an example of an Excel forecast for a future three months on one or more of the data files below. Use any of the forecasting methods in your text or use Excel's forecast functions.

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