Forecasting Models and Types of DataThere are different types of forecasting mod

Forecasting Models and Types of DataThere are different types of forecasting models that can be used in business research. Each model is suitable for a type of historical demand data. Some data may have a trend may be without a trend or may be seasonal.Justify your answers using examples and reasoning. Comment on the postings of at least two peers and state whether you agree or disagree with their views.Research ProcessThe research process is a well-structured methodology that aids the manager to make an educated business decision. The most important element of this process is the source of data used. The better the data the better the result. Data must come from a sample that is random and large enough.