Identify the appropriate choice of forecasting method based on characteristics of a time series.
What is your recommended forecast methodology? Describe how this forecast will be executed: Who will do it, where will the data come from, how frequently will it be repeated and how will the results be used?
September 20, 2019Provide a forecast of the number of clinic visits for November 2008 using each method of the forecasting process.
September 20, 2019Identify the appropriate choice of forecasting method based on characteristics of a time series.
Question Description
- Identify the appropriate choice of forecasting method based on characteristics of a time series.
Identify a business problem in your career field (current or planned) that could be solved using a forecasting solution. In your problem discussion, identify what the issue is, how forecasting could aid you in solving this problem, and the type of data that you would need to collect to solve this problem. Would there possibly be seasonal or trend factors in your forecasts?
