The purpose of the Missouri Compromise was to keep a balance between the number of slave states and the number of free states in the Union. It allowed Missouri to enter as a slave state at the same time Maine entered as a free state, thus maintaining a balance in numbers of free and slave states.
Considerations that are not a factor in deciding which forecasting model a firm should choose is Product. This is further explained below.
<h3>What is
a Product?</h3>
Generally, a product or substance is created with the intention of resale in mind.
In conclusion, Product is one of the considerations that should not be taken into account while selecting the appropriate forecasting model for a company.
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