Chapter 5 Business and Economic Forecasting

Nov 19, 2014

130 likes | 511 Views

Chapter 5 Business and Economic Forecasting. Figure 5.1. Figure 5.2. Figure 5.3. Figure 5.4. Figure 5.5. Figure 5.6. Figure 5.7. Figure 5.8.

Share Presentation

Embed Code

Link

figure 5
economic forecasting
chapter 5 business

sylvia-walsh

Download Presentation

Chapter 5 Business and Economic Forecasting

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

Chapter 5Business and Economic Forecasting
Figure 5.1
Figure 5.2
Figure 5.3
Figure 5.4
Figure 5.5
Figure 5.6
Figure 5.7
Figure 5.8

Business Fluctuations and Forecasting

Business Fluctuations and Forecasting Week 3 SF Intermediate Economics Professor McAleese THE BUSINESS CYCLE WILL NOT DISAPPEAR ….

1.06k views • 24 slides

Business Forecasting

Business Forecasting. Business Forecasting. Business Forecasting. Business Forecasting. Used to try to predict the future Uses two main methods: Qualitative – seeking opinions on which to base decision making Consumer panels, focus groups, etc

557 views • 8 slides

OVERVIEW Eco 5375 Economic and Business Forecasting

OVERVIEW Eco 5375 Economic and Business Forecasting. Tom Fomby 301A Lee Fall 2009. ECONOMETRICS. Hypothesis Testing y = f(x) + e Is x a significant explanator of y? Typically use all of the data to test the hypothesis. Forecasting

454 views • 25 slides

Business Forecasting

Business Forecasting . Chapter 5 Forecasting with Smoothing Techniques. Chapter Topics. Introduction Naïve Model Forecasting with Averaging Models: Simple Average Model Moving Average Model Double Moving Average Model Exponential Smoothing: Double Exponential Smoothing.

1.32k views • 33 slides

Business Forecasting

Business Forecasting. Skills needed to become a business & economic forecaster Economic knowledge Statistics Computer applications Communication Forecasting as an art, as well as a science. Decision Making. The goal of the forecaster is to provide information for decision making

590 views • 5 slides

Chapter 5: Economic Growth, Business Cycles, Unemployment, and Inflation

Chapter 5: Economic Growth, Business Cycles, Unemployment, and Inflation. Prepared by: Kevin Richter, Douglas College Charlene Richter, British Columbia Institute of Technology . Introduction. Macroeconomics is the study of the aggregate economy. The four central issues are: growth

1.25k views • 82 slides

Business Forecasting

Business Forecasting. Chapter 9 Advanced Regression Methodologies in Forecasting. Chapter Topics. Proxy and dummy variables Selection of Independent variables All possible regression Stepwise regression Lagged variables Distributed lag models Adaptive expectation models

393 views • 25 slides

Business Forecasting

Business Forecasting . Chapter 11 Communicating Forecasts to Management. Chapter Topics. Forecasts and Their Use in Managerial Decisions Presentation of Forecasts to Management The Future of Business Forecasting Chapter Summary. Use of Forecasts in Managerial Decision.

278 views • 11 slides

Business Forecasting

Business Forecasting . Chapter 2 Data Patterns and Choice of Forecasting Techniques. Chapter Topics. Data Patterns Forecasting Methodologies Technique Selection Model Evaluation. Data Pattern and Choice of Technique. The pattern of data The nature of the past relationship in the data

586 views • 30 slides

Business and Economic Forecasting Chapter 5

Business and Economic Forecasting Chapter 5 . Demand Forecasting is a critical managerial activity which comes in two forms: Quantitative Forecasting +2.1047% Gives the precise amount or percentage Qualitative Forecasting Gives the expected direction Up, down, or about the same.

738 views • 34 slides

Business and Economic Forecasting

Business and Economic Forecasting. Mohammad Arief. Overview. Demand Forecasting is a critical managerial activity. Qualitative. Quantitative. Gives the expected direction Up, down, or about the same. Gives the precise amount or percentage. THE SIGNIFICANCE OF FORECASTING.

505 views • 23 slides

Business Forecasting

Business Forecasting. What is forecasting?. Forecasting is the process of using past events to make systematic predictions about future outcomes or trends. Forecasting . It is the prediction of future events on the basis of Historical data Opinions Trend events Or known future variables.

997 views • 49 slides

Business Forecasting

Business Forecasting . Chapter 1 Forecasting for Management Decisions. Chapter Topics. Introduction Importance of Forecasting Financial and Strategic Importance of Forecasting The Commonality of Forecasting. Importance of Business Forecasting. Allows organizations to improve profits

705 views • 9 slides

Chapter 5 Forecasting

Chapter 5 Forecasting. Learning Objectives. Students will be able to: Understand and know when to use various families of forecasting models Compare moving averages, exponential smoothing, and trend time-series models Seasonally adjust data.

653 views • 38 slides

Chapter 5 Forecasting

Introduction to Management Science 8th Edition by Bernard W. Taylor III. Chapter 5 Forecasting. Chapter Topics. Forecasting Components Time Series Methods Forecast Accuracy Time Series Forecasting Using Excel Time Series Forecasting Using QM for Windows Regression Methods.

1.49k views • 83 slides

Business Forecasting

Business Forecasting. Chapter 6 Adaptive Filtering as a Forecasting Technique. Chapter Topics. Introduction How the Model is Used in Forecasting Chapter Summary. Introduction. The adaptive filtering approach also depends heavily on historical observations.

507 views • 35 slides

Business Forecasting

Business Forecasting. Chapter 1 Forecasting for Management Decisions. Chapter Topics. Introduction Importance of Forecasting Financial and Strategic Importance of Forecasting The Commonality of Forecasting. Importance of Business Forecasting. Allows organizations to improve profits

361 views • 9 slides

International Research and Economic Forecasting

ISA provides economic development services for government organizations seeking to boost foreign investment or to support the growth of exports from their region.

89 views • 4 slides

Business and Economic Forecasting Chapter 5

Business and Economic Forecasting Chapter 5. Business and Economic Forecasting is a critical managerial activity which comes in two forms: Quantitative Forecasting +2.1047% Gives the precise amount or percentage Qualitative Forecasting Gives the expected direction

455 views • 36 slides

Business and Economic Forecasting Chapter 5

Business and Economic Forecasting Chapter 5. Demand Forecasting is a critical managerial activity which comes in two forms: Quantitative Forecasting +2.1047% Gives the precise amount or percentage Qualitative Forecasting Gives the expected direction Up, down, or about the same.

382 views • 34 slides

Chapter 5 Demand Estimation and Forecasting

Chapter 5 Demand Estimation and Forecasting. Chapter Outline. Regression analysis Limitation of regression analysis The importance of business forecasting Prerequisites of a good forecast Forecasting techniques. Learning Objectives. Understand the importance of forecasting in business

592 views • 52 slides

More Related