Levels Tought:
Elementary,Middle School,High School,College,University,PHD
Teaching Since: | Apr 2017 |
Last Sign in: | 236 Weeks Ago, 6 Days Ago |
Questions Answered: | 12843 |
Tutorials Posted: | 12834 |
MBA, Ph.D in Management
Harvard university
Feb-1997 - Aug-2003
Professor
Strayer University
Jan-2007 - Present
EXPLAIN THIS STATEMENT: THE FUNDAMENTAL RULE OF FORECASTING OR ESTIMATION IS THAT THE FURTHER ONE TRIES TO FORECAST INTO THE FUTURE, THE LESS PRECISE THE FORECAST WILL BE. GIVEN THIS IDEA, HOW CAN ECONOMISTS ENCOURAGE PEOPLE TO PAY ATTENTION TO THEIR FORECASTS FOR THE FUTURE? PROVIDE A REAL WORLD EXAMPLE OF THIS PHENOMENON.
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