Develop a statistically based forecast for the future trend


Problem: Basic Principles of Forecasting

Develop a statistically based forecast for the future trend of the essential influencing factor (Covid Pandemic) of a chosen industry or business in Slovenia. The forecast can be monthly or quarterly from 2019 indices forecast on the 2020 indices in the chosen sector'/industry exports or production. You can use the impact of Covid 19 on the sector to create the forecast using graphs and a triple exponential smoothing model. You can Choose

• Metal Manufacturing Industry Exports.

• Motor Vehicles Manufacturing Industry Exports in Slovenia.

The response should include a reference list. One-inch margins, Using Times New Roman 12 pnt font, double-space and APA style of writing and citations.

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