data science course singapore data science course singapore | Seite 21
Observations
• There is a cyclic trend
• Maximum demand in first quarter; minimum in third quarter
• There may also be a slowly increasing trend (to be examined)
• Any reasonable forecast should have cyclic fluctuaHons
• Trend (if any) need to be uHlized for forecasHng
• Forecast would not be exact – there would be some error
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