Forecasting framework illustrates the sequences that should be followed.According to the framework, what is next step once the forecast interval is established?
A) Collect and analyze data
B) Determine the forecast purpose
C) Select a forecasting technique
D) Initialize the forecast

Question

Quizplus · Accepted Answer

Once the forecast interval is established, the next step is to select a forecasting technique that is appropriate for the data and the forecasting goals.

Forecasting Framework Illustrates the Sequences That Should Be Followed