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Forecasting Is a Process of Making Quantitative or Qualitative Predictions

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Forecasting is a process of making quantitative or qualitative predictions about what will happen in the future; yet in the final analysis, forecasting is subject to error because it always relies on human judgment and interpretation.


Definitions:

Stroke Volume

The amount of blood the heart ejects with each beat, a key component in determining cardiac output.

Venous Return

Volume of blood returning to the heart.

Stroke Volume

The amount of blood ejected by the left ventricle of the heart in one contraction.

Heart Rate

The number of heartbeats per unit of time, typically expressed in beats per minute (bpm).

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