Lecture 1_Powerpoint2007

Lecture 1_Powerpoint2007 - Click to edit Master subtitle...

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Unformatted text preview: Click to edit Master subtitle style 8/5/11 Lectur e 1 Introduction to business forecasting 8/5/11 The Need for and Type of Business Forecasting The need Types of forecasting Subjective methods Objective methods Introduction to business forecasting 8/5/11 Type of Business Forecasting Objective methods Univariate time series Naive method Regression trends Exponential smoothing Time-series decomposition ARIMA Event models Introduction to business forecasting 8/5/11 Type of Business Forecasting Objective methods Causal Models Time-series & cross-sectional regression Bivariate (simple) regression Multiple regression Introduction to business forecasting 8/5/11 Forecasting procedures Specification of objectives Determination of what to forecast Identification of time dimensions Data considerations Model selection Model evaluation Forecast preparation and presentation Tracking results Introduction to business forecasting 8/5/11...
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Lecture 1_Powerpoint2007 - Click to edit Master subtitle...

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