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  • 24-08-2022
  • Business
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A _____ is a forecasting approach that simply assumes that tomorrow's demand will be the same as today's.

Respuesta :

Iamakshay Iamakshay
  • 06-09-2022

Answer:

Naive Model

What is naive forecasting?

  • Naive forecasting is the technique in which the last period's sales are used for the next period's forecast without predictions or adjusting the factors.
  • Forecasts produced using a naïve approach are equal to the final observed value.

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