Recommend one forecasting technique that would be appropriate to prepare a forecast given the following situational characteristics
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Question:
Recommend one forecasting technique that would be appropriate to prepare a forecast given the following situational characteristics
a) You have 10 years of quarterly data
b) There is an upward trend to the data
c) There is a significant increase in sales prior to Christmas each year
d) A one-year forecast is needed
e) You, as the preparer of the forecast, have good technical skills
Related Book For
Essentials of Business Statistics Communicating With Numbers
ISBN: 9781260547658
2nd edition
Authors: Sanjiv Jaggia, Alison Kelly
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