Concordia College Time Series Forecasting Paper

Concordia College Time Series Forecasting Paper

  • Identify the appropriate choice of forecasting method based on characteristics of a time series.

Identify a business problem in your career field (current or planned) that could be solved using a forecasting solution. In your problem discussion, identify what the issue is, how forecasting could aid you in solving this problem, and the type of data that you would need to collect to solve this problem. Would there possibly be seasonal or trend factors in your forecasts?