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Time Series Analysis — Applied Maths STD 12 Science — Question

CBSE BoardEnglish MediumSTD 12 ScienceApplied MathsTime Series Analysis2 Marks
Question
What is business forecasting ?
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Answer

Business forecasting refers to the tool and techniques used to predict developments in business, such as sales, expenditures and profits. The purpose of business forecasting is to develop better strategies based on these informed predictions.

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