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Identify Two of the Five Major Qualitative Approaches Treated in Your

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Essay

Identify two of the five major qualitative approaches treated in your text and discuss their advantages.


Definitions:

Seasonal Variation

Fluctuations in data or economic activity that occur regularly based on the season or time of year.

Time Series

It is a sequence of data points indexed in time order, often used to analyze and predict future events based on past trends.

Moving Average

A calculation to analyze data points by creating averages of different subsets of the complete data set.

Cyclical Movement

Fluctuations in business activity experienced over time, usually tied to economic cycles.

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