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## Week 5 Participation Post 1 (variant)

by: smartwriter Notetaker

14

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0

# Week 5 Participation Post 1 (variant)

Marketplace > Week 5 Participation Post 1 variant
smartwriter Notetaker
CSU - Dominguez hills
GPA 3.0

No professor available

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Week 5 Participation Post 1 (variant)
COURSE
PROF.
No professor available
TYPE
Study Guide
PAGES
0
WORDS
KARMA
50 ?

## Popular in Department

This 0 page Study Guide was uploaded by smartwriter Notetaker on Monday November 16, 2015. The Study Guide belongs to a course at a university taught by a professor in Fall. Since its upload, it has received 14 views.

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Date Created: 11/16/15
Hi XXXXXXX forecasts should always be viewed with a skeptical eye however they tend to be a good starting point for prediction and I suspect that over time one who uses them will make better decisions over time than one who just guesses I would never rely on one to be 100 certain due to the many issues we have discussed related to certainty in the past few weeks With a variety of tools available to forecast how is one to know when one may or may not be better than another both at a given point in time and over time There are several ways to forecast like using quadratic linear exponential polynomial etc trend lines Also moving averages and weighted moving averages can be used The best trend to use is always the one which has the highest coefficient of correlation value Although this only works with the current time Anything can happen in the world years later which is something that a generated trend can39t identify So in that case it is important to incorporate science and add indicator variables into the trend equation to make up for things that will happen in the future

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