Point forecast and confidence interval forecast


Assignment:

What is the difference between a point forecast, a confidence interval forecast, and a prediction interval forecast? Give an example of each within the context of a specific healthcare scenario with which you are familiar? Which of the three do you think is most applicable in business forecasting?

Your answer must be typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format and also include references.

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