I'm wondering if naive forecasting is actually effective. I've heard about it in the context of time series analysis, where it simply assumes that the next value in a series will be the same as the previous one. But is it really a reliable method?
            
            
            
            
            
            
           
          
          
            6 answers
            
            
  
    
    SeoulSerenitySeeker
    Sat Nov 23 2024
   
  
    Seasonal naïve forecasting may not provide perfect accuracy.
  
  
 
            
            
  
    
    GalaxyGlider
    Sat Nov 23 2024
   
  
    One of the key advantages of seasonal naïve forecasting is its ability to help businesses anticipate changes in demand.
  
  
 
            
            
  
    
    GangnamGlamourQueen
    Fri Nov 22 2024
   
  
    Despite its simplicity, seasonal naïve forecasting is not always the most accurate prediction method.
  
  
 
            
            
  
    
    BitcoinBaroness
    Fri Nov 22 2024
   
  
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    Fri Nov 22 2024
   
  
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