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Question

Read Adam Hartung’s article, “President Obama’s Miracle Market – and

Why Wall Street Forecasters Blew Their 2013 Predictions?” Based on the information presented in the article, discuss the following:

-What is econometric prediction or forecasting?
-Why is econometric prediction or forecasting difficult and/or inaccurate in the real business world?

Step-by-step answer

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Subject: Business, Economics

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