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5. What are the six elements of a good forecast? 6. Differentiate between seasonal and cyclical data. 7. Explain the concept and benefits of Exploring

5. What are the six elements of a good forecast?
6. Differentiate between seasonal and cyclical data.
7. Explain the concept and benefits of Exploring Data Patterns.
8. Through autocorrelation function, how do we know that the data is seasonal or is having a
trend?
9. What Is the Product Life Cycle? Stages and Examples
10. Why should I measure forecast accuracy?

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