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Examples of Quantitative Forecasting Models Include

question 8

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Examples of quantitative forecasting models include:


Definitions:

Secondary Sector

The part of the economy that includes industries involved in the processing, transformation, fabrication, or construction of materials and products from raw materials.

Rational-Legal

An authority system based on legal rules and regulations, and the rationality of law, often associated with modern bureaucracies.

Charismatic Authority

The exercise of power as legitimated through the personal magnetism of individuals who compel people to believe in them and grant them their support.

Traditional Authority

The exercise of power as legitimated by long-established cultural patterns and traditions.

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