Examine These Two Graphs and Based on the Demand Pattern

question 64

Essay

Examine these two graphs and based on the demand pattern and axis scaling,recommend a forecasting technique (and the required parameters)that would work best for each one.Justify your recommendations.

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Definitions:

Accurate

The quality of being correct or precise, often used in the context of numerical or factual information.

Cent

A monetary unit in various countries, equal to one-hundredth of a base currency.

Verify

To check or test the accuracy or correctness of something.

Pair of Equations

Represents two equations involving the same variables, often solved simultaneously to find the values of those variables.