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Simple Methods and Procedures Used in Forecasting

Simple Methods and Procedures Used in Forecasting

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What Is Forecast<strong>in</strong>g?<br />

Prediction of future events <strong>and</strong> conditions are<br />

called forecasts, <strong>and</strong> the act of mak<strong>in</strong>g such<br />

prediction is called forecast<strong>in</strong>g.<br />

(WordNet Dictionary )<br />

Sales will be $200<br />

million!

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