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Forecasting models have their strengths, but also their caveats. Present an example in which a forecasting model could be used, what method you would choose

Forecasting models have their strengths, but also their caveats. Present an example in which a forecasting model could be used, what method you would choose and why? What are the particular strengths of the model and what would it be used for? What should we be skeptical or cautious about in interpreting the results?

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