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Old 07-21-2010, 12:37 PM   #223 (permalink)
aceventura3
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Location: Ventura County
Quote:
Originally Posted by filtherton View Post
Forecasting revenue requires specificity, you have to make assumptions based on limited information. It's a far cry from simply predicting the behavior of automata.
Revenue forecasting is common. There is no doubt assumptions are made, and the accuracy and thoughtfulness that goes into those assumptions will have a major impact on the accuracy of the forecast, accuracy can be virtually certain especially when the laws of large numbers are in play. What we are really talking about is calculus - I say it is "science" not "art".
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