Examlex
Match each term with its definition.
-Earwax
Long-Term Forecasts
Predictions about future events, trends, or behaviors that extend over a significant period of time, usually beyond a year.
Supply And Demand
Economic model describing the interaction between the availability of a product (supply) and the desire for that product (demand).
Static Time-Series Method
A forecasting technique that assumes past data patterns will continue into the future without adjusting for dynamic changes.
Historical Data
Past information and data used to analyze trends, forecast future events, and make informed decisions.
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