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Paper #075301 :: Forecasting
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Examines five different forecasting methods.

Written in 2006; 908 words; 2 sources; APA; $ 32.95

Paper Summary:

There are various methods that can be used for forecasting and each one has its own qualities, its own considerations and its own uses. This paper describes and compares five common forecasting methods. These are: Time-series analysis, the Delphi technique, moving-average forecasting, exponential forecasting and regression analysis.

From the Paper:

"In the Delphi technique, each of the experts will be asked their opinions via questionnaires, with each expert unable to communicate with the other ones questioned. The information is then collected and summarized and presented to the experts. The experts can then reconsider their answers and adjust them. This process can continue as required, with the intention being for a general consensus to emerge. The purpose of the technique is to utilize a range of experts, but in a way where each gives their opinion independently."

Tags: regression technology statistics economy assumption

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