_____ is a technique that automatically adjusts forecast model parameters in accordance with changes in the tracking signal.

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22-08-2022
Business

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_____ is a technique that automatically adjusts forecast model parameters in accordance with changes in the tracking signal.

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shivanijain4931 shivanijain4931 · Answer 1 · 2022-08-27T09:52:42+02:00

Adaptive forecasting is a technique that automatically adjusts forecast model parameters in accordance with changes in the tracking signal.

Forecasting is the process of making predictions based on past and current data. Later you can compare these to what is actually happening. For example, a company may estimate revenue for the next year and compare it to actual results. The forecast is a similar but more general term.

Forecasting is the technique of using past data as input to make informed estimates that are predictive in determining the direction of future trends. Organizations use forecasts to determine how to allocate budgets and how to plan expected expenses for the next period.

Learn more about forecasting here:https://brainly.com/question/21445581
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