Mat 543 Week 4 Discussion Compare and contrast the major strengths and weaknesses of analytic and nonanalytic forecasting

"Forecasting"

Mat 543 Week 4 Discussion  Compare and contrast the major strengths and weaknesses of analytic and nonanalytic forecasting. Provide one (1) example of each method being used in a real-world scenario to support your answer. Discuss the importance of the four (4) guiding principles of forecasting. Next, select one (1) principle and discuss how to apply it in a real world scenario