Introduction Forecasting is not a precise science and is often based upon the experiences of the researcher. There are many methods of forecasting, and the use of each is dependent upon the circumstances of the firm and the operating environment of the firm and its subsidiaries, customers, financers, etc. Initial Post Instructions Assume there is a regression model that was able to identify the factors that affected exchange rate movements in a recent four year period. Also, suppose that the sensitivity of the exchange rates movements to each factor was precisely quantified. For your initial post, address the following: Is there any reason not to expect superior forecasting results from this method in the future? Explain why or why not and use supporting resources.

• Initial Post Length: minimum of 350 words