Explain forecasting methods.

Explanation should include identifying forecasting methods (e.g., relevance trees, trends, mission flow analysis) and the types of data, outcomes, and purposes of each.

Process/Skill Questions:

• What are the differences among forecasting methods?
• What are some examples of applying forecasting methods?
• How is a trend determined?
• How could you use a relevance tree to predict the evolution of a current product (e.g., smartphone, tablet)?