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What Are the Two Basic Types of Forecasting Techniques

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What are the two basic types of forecasting techniques?


Definitions:

Personal

Referring to or pertaining to an individual, their private life, or their personal belongings.

Informal Nature

Characterizing situations, relationships, or behaviors that are casual or not bound by formal rules, regulations, or procedures.

Letter Style

The font or design of the alphabet in written communication, which can vary in formality and aesthetic.

Modified Block

in the context of document formatting, is a style where the text is aligned to the right or left margin, usually with indented paragraphs.

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