SDE542: Business Forecasting

Forecasting is used to predict the future events or conditions. Therefore it allows us to make better decisions with low uncertainty. This course is designed to give students a better understanding of the importance of forecasting in business. This course will cover a variety of statistical forecasting methods that are applicable in many functional areas of business, including simple and multiple regression, exponential smoothing, seasonal decomposition, and ARIMA models. The emphasis will be on learning to apply these methods to real data using the statistical package SPSS.