Forecasting Practice Exam

 

 

Forecasting Practice Exam

 

About Forecasting

Forecasting is a technique that uses historical data as inputs to make informed estimates that are predictive in determining the direction of future trends. Businesses utilize forecasting to determine how to allocate their budgets or plan for anticipated expenses for an upcoming period of time.

On the other hand, the back end is everything that happens, well, backstage. It contains servers where your web pages are located and the underlying logic that governs the website’s functions and processes.

 

Forecasting has gained immense popularity across the globe resulting in huge demand for certified professionals.

 

Why is Forecasting important?

Forecasting helps you predict potential issues, make better decisions, and measure the impact of those decisions. By combining quantitative and qualitative techniques, statistical and econometric models, and objectivity, forecasting becomes a formidable tool for your company.

Certified Forecasting professionals, executives and managers are in high demand in companies across the globe.
 

Important Concepts for Forecasting Practice Exam

• Forecasting Basics
• Judgmental forecasts
• Time series models
• Exponential smoothing
• ARIMA models
• Advanced forecasting methods

Who should take the Forecasting Exam?
•    Store Managers and officers
•    Purchase Managers and executives
•    Senior professionals
•    Anyone who wants to assess their Forecasting skills
•    Forecasting consultants
•    Anyone interested in Forecasting

 

Forecasting Practice Exam Objectives

Forecasting exam focuses on assessing your skills and knowledge in concepts and application of forecasting techniques.
 

Forecasting Practice Exam Pre-requisite

There are no prerequisites for the Forecasting exam. Candidate should be well versed  in forecasting techniques to clear the exam.

Forecasting Certification Course Outline

• Forecasting Basics
• Judgmental forecasts
• Time series models
• Exponential smoothing
• ARIMA models
• Dynamic regression models
• Advanced forecasting methods

Exam Format and Information
Certification name – Forecasting Certification
Exam duration – 60 minutes
Exam type - Multiple Choice Questions
Eligibility / pre-requisite - None
Exam language - English
Exam format - Online
Passing score - 25
Exam Fees  - INR 1199