Question

What kind of analytics is generally used to forecast future sales, earnings, and cash flows from operating activities?

Answer 1

Analytics is generally used to forecast future sales, earnings, and cash flows from operating activities is time series.

A time series is a series of data factors that arise in successive order over some time frame. this could be contrasted with pass-sectional records, which captures a point in time.

Predictive analytics targets to determine what is possibly to manifest within the destiny. This evaluation is primarily based on statistical strategies as well as other extra lately advanced strategies that fall beneath the general category of information mining.

A time series is a set of observations of properly-defined facts items received thru repeated measurements through the years. for instance, measuring the fee of retail income every month of the yr could incorporate a time series.

Regression comes from  hich in flip comes from latin regressus to go back to some thing. In that feel, regression is the approach that allows to head lower back from messy, difficult to interpret facts, to a clearer and greater meaningful version.

Learn more about time series here:-brainly.com/question/20344588

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