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TYPES OF FORECASTING METHODS - uCoz

DECOMPOSITION OF A TIME SERIES Patterns that may be present in a time series Trend: Data exhibit a steady growth or decline over time. Seasonality: Data exhibit upward and downward swings in a short to intermediate time frame (most notably during a year). Cycles: Data exhibit upward and downward swings in over a very long time frame. Random variations: …

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  Series, Time, Time series, Forecasting

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