What is Prediction?

What is Prediction?

Prediction implies the possibility of forecasting the effect of changes in some magnitude in the economy. For example, a model of supply might be used to predict the effects of the imposition of taxes on the sales of firms.

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Somtochukwu
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Somtochukwu

Coach, Motivational Speaker, Writer and Teacher.

▪ Follower of Balancism.
Somtochukwu
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