PREFACE
The goal of the ninth edition of Business Forecasting remains the same as that
of the previous editions: To present the basic statistical techniques that are useful for
preparing individual business forecasts and long-range plans. This instructor’s manual
contains answers to chapter-end problems and comments on the case studies that
appear at the end of every chapter.
Our work in forecasting over many years has taught us that intuition and good
judgment are essential components of a good forecasting process, a point we stress in
Chapters 1 and 11. This is a difficult concept to put across in the remaining chapters,
which deal with important forecasting techniques involving data analysis. We hope