15.3. Conclusion
Various quantitative forecasting methods exist. Native techniques are based solely on previous experience. Smoothing approaches include moving averages and exponential smoothing. Moving averages and exponential smoothing employ a weighted average of past data as the means of deriving the forecast.
Get Budgeting Basics and Beyond now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
