QNT 720 - Business Forecasting

3 credit(s)
The course presents the techniques used to prepare forecasts and to facilitate long-term planning by the firm. Emphasis is on the application of techniques used by management for decision making. Case studies are discussed to provide students with the necessary links between theory and practice. Topics include review of statistical techniques; data sources; and exploring data patterns with a view to choosing the appropriate forecasting techniques, such as moving average and smoothing methods, regression analysis, time series analysis, Box-Jenkins (ARIMA) methods, and analysis of judgmental factors in forecasting.
Prerequisite(s): QNT 601.

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