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In general which forecasting time frame best identifies seasonal effects |
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Answer» Forecasting is BASICALLY a guessing of new data and it's review and update. The best effect of forecasting can be seen during the war of political ELECTIONS or ECONOMIC conditions. The forecasting DEVELOPS the trend lines. Forecasting made on prediction of future data is purely based on the analysis made on PAST data. During analysis, the pattern of data must be constant. |
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