Project #64053 - Quantitative Analysis Management

 

Prepare a 5-6 page report (excluding the cover page, the reference page, and any tables and graphs), which describes the uses of business forecasting. You need to include at least one real world example and apply at least two different methods of forecasting Qualitative Models (Delphi method) & Time series Method (Trend Projections). Please present both your raw data and your two numerical forecasting results from your two chosen forecasting methods. APA format and appropriate use of section headings are required.

 

Here are two links you may use to get the data: the Bureau of Economic Analysis and U.S. Bureau of Labor Statistics.

 

 

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

 

Subject Business
Due By (Pacific Time) 03/29/2015 12:00 pm
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