Professional Writers
We assemble our team by selectively choosing highly skilled writers, each boasting specialized knowledge in specific subject areas and a robust background in academic writing
Find The Best Nursing Paper Writers For Your Assignments
You Can order for custom written paper 24/7! by completig a form in 3 steps. Get those desired coursework assessment grades!
Posted:
Niev | Economics Assignment: I need help writing a research paper.
answer in 150 words and provide 1 reference
Forecasting & Legislations
Will Your Service Help Me Achieve Top Grades?
Absolutely! Our mission is to help you excel with A+ papers. From writing to our refund policy, everything is student-focused. We’re not just about meeting deadlines—we’re here to support your success. Have questions? Our friendly team is ready to assist anytime to ensure you reach your academic goals.
1.”Forecasting is both an art and a science.” Online assignment help tutors – Discuss with particular reference to Panel Consensus and Econometric Method.
Forecasting is a planning tool utilized by management in its pursuit to grapple with the ambiguity of the future by relying on historical and present data and analysis of trends.Forecasting is utilized by management to determine events affecting a company such as but not limited to allocating budgets, plan for anticipated expenses, sales expectations and increase or decrease of the price of shares for an upcoming period of time. It is a science because of the techniques used in forecasting and it is an art because of the application of forecasting techniques.
Econometric forecasting model is a quantitative and original approach using systems of relationships. Independent variables like inflation, exchange rates, gross national product, etcetera to analyze dependent variables mainly aggregate time series. As econometric analysis is based on economics and statistics it gives a scientific process to forecasting. It is also art because the application of different econometric analysis to forecast events affecting the firm.Panel consensus is a qualitative method that is based on intuitive or judgmental evaluation. It is used generally when data are scarce, not available, or no longer relevant. Internal members and expert’s opinions are incorporated in this method of forecasting. This is both an art and scientific process because you not only need hard data to make a logical decision that would make the firm successful but also creative thinking to use that data to predict the future.
Reference:
n. a. (19, Jan 2011). Forecasting Methods. Retrieved from: https://scm.ncsu.edu/scm-articles/article/forecasting-methods
Why choose us
You Want Quality and That’s What We Deliver
Discounted Prices
Our service is committed to delivering the finest writers at the most competitive rates, ensuring that affordability is balanced with uncompromising quality. Our pricing strategy is designed to be both fair and reasonable, standing out favorably against other writing services in the market.
AI & Plagiarism-Free
Rest assured, you'll never receive a product tainted by plagiarism or AI-generated content. Each paper is research-written by human writers, followed by a rigorous scanning process of the final draft before it's delivered to you, ensuring the content is entirely original and maintaining our unwavering commitment to providing plagiarism-free work.
How it works
When you decide to place an order with Nurscola, here is what happens: