Be sure to sign up for the StartupNation newsletter to stay up-to-date on small business and entrepreneurial news, trends and how-tos. As an added bonus, you will receive FREE instant access to the StartupNation Business Builder eBook series!
The Advantages of Probability Forecasting
A point forecast is one single number that usually is incomplete. This single number is most likely the value of future demand. However, a more useful forecast is a probability forecast because it provides more than just units, and demand of dealing with volatility.
Sign In or Register to comment.