forecasting methods

Forecasting Methods

This is an overview of some basic forecasting methods. These basic forecasting methods are broken into two categories of approaches: Quantitative and Qualitative.

Quantitative forecasting approaches use historical data and correlative association to make forecasts. Qualitative forecasting approaches look at the opinions of experts, consumers, decision makers and other stakeholders.

This video is about basic forecasting methods and covers 9 of the most common approaches. Avercast forecasting software makes good use of these approaches, and is powered by over 200 algorithms.