Slide 1 Time Series “The Art of Forecasting” Slide 2 What Is Forecasting? Process of predicting a future event Underlying basis of all business decisions –Production…
Slide 1 CLASS B.Sc.III PAPER APPLIED STATISTICS Slide 2 Time Series “The Art of Forecasting” Slide 3 Learning Objectives Describe what forecasting is Explain time series…
No Slide Title Learning Objectives Describe what forecasting is Explain time series & its components Smooth a data series Moving average Exponential smoothing Forecast…