Forecasting Techniques

Your required reading from Sehgal and Pandey discusses the complexity of forecasting oil prices. Perform research in the academic journals in the Saudi Digital Library on the use of forecasting techniques that were discussed in this module, and in the reading. Include time series, trend analysis, and associative forecasting techniques. How are they used? Which would be the best for what industry and why?

Embed course material concepts, principles, and theories, which require supporting citations along with at least one scholarly, peer-reviewed reference in supporting your answer unless the discussion calls for more. Keep in mind that these scholarly references can be found in the Saudi Digital Library by conducting an advanced search specific to scholarly references.

You need to reply to at least two peer discussion question post answers to this discussion question. These post replies need to be substantial and constructive in nature. They should add to the content of the post and evaluate/analyze that post answer. Normal course dialogue doesn’t fulfill these two peer replies, but is expected throughout the course. Answering all course questions is also required.

Use Saudi Electronic University academic writing standards and APA style guidelines.