Busn603 19835845
Describe the attributes of a good quantitative analysis model and describe the uses of business forecasting. Please use at least 1 peer reviewed reference.
Hint: You need to collect at least one data series for your analysis in this assignment. Please include the name and the exact formula or Excel/QM function/output of each forecast method you applied to your analysis. For example, if you find GDP data from year 2000 to 2011, then you need to forecast the GDP in the next period, i.e. 2012. You need to select two different forecast methods. For each method, you need to provide the name of the method and your numerical forecast together with the formula or program output you used to get that number. (A verbal description by itself will not receive any credits. Please copy and paste in or attach your Excel Worksheet, which is a must to receive credits for statistical analysis.) .
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