Question: i need help writing this economic forecasting methodology into two...
I need help writing this economic forecasting methodology into two short paragraphs.
Company Pro-Forma Strat Plan 8 Step Building Process:
1. Company Revenue (Y) and Characteristics
2. Form a Company Revenue Eco Hypothesis To Identify Important
Macroeconomic X Variables and Their Characteristics
3. Test the Hypothesis with Early Regression Y = a + B1X1 + B2X2
4. Forecast each X variable using X variable historical
Data (Expo Smoothing, Decomposition, ARIMA)
5. Select the Best X variable Forecast from the 3 methods
6. Revise the Early Regression Model (from 3 above) to best Fit
the Company Revenue and Test the Model
7. Use the Regression Forecast with Company 10K to create a Pro-
Forma Financial Strategic Plan
8. Comment on the plan Financial Results and Make
Recommendations for Company Performance Improvement