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Why was the Compromise of 1877 significant?
Forecasting
The process of making predictions of the future based on past and present data and analysis, crucial in planning and decision-making.
Medium-run
A term used to describe a period of time that is not immediate but not long-term either; typically considered to encompass the mid-term future.
Delphi Technique
A process in which the forecasts and judgments of a selected group of experts are solicited and summarized in an attempt to determine the future HR demand.
Time Series
A sequence of data points recorded or collected at successive time intervals, often analyzed to identify patterns over time.
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