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Forecasting with Trend and Seasonality

HardStatistics & Probability00:00
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Your question is Forecasting with Trend and Seasonality. Take a moment with it on the right.

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Forecast Next Quarter Revenue

Scenario

You are reviewing a quarterly revenue forecast for a business with a clear upward trend and recurring seasonality. You have historical quarterly revenue for the last 8 quarters and need to turn that pattern into a forecast for next quarter.

Question

How do you approach forecasting?