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DOI 10.20544/TTS2021.1.1.21.p23 UDC656.2.025.2:303.094.6(497.11) Professional paperOne Approach to Forecasting Methodology in Rail Passenger Traffic Slavko Veskovi1, Sanjin Milinkovi2, Gordan Stoji3,

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Identify the purpose of the forecast

02

Gather historical data related to the forecasted variable

03

Select a forecasting method (such as time series analysis, regression analysis, or qualitative methods)

04

Apply the chosen method to the historical data to generate a forecast

05

Evaluate the forecast accuracy and adjust as needed

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What is one approach to forecasting?

One approach to forecasting is the quantitative method, which uses statistical techniques and historical data to predict future outcomes.

Who is required to file one approach to forecasting?

Organizations and individuals who are mandated by regulatory authorities or those engaged in statistical forecasting practices are required to file.

How to fill out one approach to forecasting?

To fill out one approach to forecasting, gather historical data, choose a forecasting model, input the data into the model, and analyze the results before submission.

What is the purpose of one approach to forecasting?

The purpose of one approach to forecasting is to provide informed predictions that can aid in decision-making and strategic planning.

What information must be reported on one approach to forecasting?

Information such as historical data, chosen forecasting methods, assumptions made, and predicted outcomes must be reported.

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