Question: Forecasting can be defined as the process of predicting a future event in house / home ? on daily grocery items Questions 1 . What

Forecasting can be defined as the process of predicting a future event in house/home?on daily grocery items
Questions
1.What types of events or occurrences do you like to forecast on a regular basis?
2.Why do you need to develop a forecast for these?
3.Is your forecast based on your experiences of the past?
4.Is your forecast based on current online research?
5.Is your forecast related to how one variable can predict another?
6.On the other hand, is it a combination of the above three?
7.In general, what does the time frame of your prediction have to do with your forecast accuracy?

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