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In a short essay, list and discuss the two categories into which forecasting techniques fall.Next list and describe three of the best-known quantitative and three of the best-known qualitative forecasting techniques.Include a discussion of how each of the listed techniques can be applied to business problems.
Dopamine Systems
Brain pathways that use dopamine as a neurotransmitter, playing crucial roles in movement, reward, and motivation.
Bipolar Disorder
A mental disorder characterized by significant mood swings that include emotional highs (mania or hypomania) and lows (depression).
Sensitivity to Reward
The degree to which an individual is motivated by and responsive to incentives or positive outcomes.
Enmeshed Families
Family systems characterized by overly close and intertwined relationships, where boundaries are blurred and individual autonomy is limited.
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