Moving Average Forecast Template


This Moving Average Forecast Template involves the making of a number, set of scenario, or numbers that corresponds to a prospect occurrence. It is absolutely necessary to short range and long range planning. By definition, forecasting is based on history data, as opposite to a prediction, which is based on instinct, and more subjective. For instance, the evening news provides the weather “forecast” but not the weather “prediction.”

In spite of, the terms prediction and forecast are often used inter changeably. For instance, definitions of regression line—a technique some-times used in forecasting—usually state that its reason is to clarify or “predict.” The assumption for this template is that the past will replicate itself.

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