Many cities, counties and public safety organizations list their strategic plan on the web. Search the web for a city, county or public safety strategic plan. Describe the details of the plan, to include goals, objectives, mission and any a supporting data.

Q: Explain how do we measure accuracy of a forecasting model

A: We utilize the following criteria to determine a prediction model's efficiency:

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Q: Describe and address the series of relationships that exists between the terms hazard, risk,…

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Q: Differentiate event, problem and incident. Give example of each.

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A: A pilot study is a very important tool to study the feasibility and effectiveness of the main study.…

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A: Below is the solution:-

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Forecasting in Business

Forecasting is the process of predicting the future based on the past and the present data and circumstances. In other words, forecasting is the act of making a detailed analysis of future events based on the decisions made in the past as well as the present. Forecasting plays a very important role in operational management as it helps in planning and decision-making. It is not only important for the success of a business but also contributes to individual growth and success. Many business organizations or companies have failed due to the shortcomings of their forecasting.