Some tools that can assist in maintaining balance in forecasting include statistical software like Excel or R for data analysis, forecasting software like Forecast Pro, and business intelligence tools like Tableau. Resources could include training in statistical analysis, books on forecasting methods, and industry reports for understanding trends and factors affecting your forecast.

Question was asked on:

If you were to sum up forecasting in one word, it might be "balance." This doesn't mean that your predictions should always be somewhere in the middle but take everything into consideration even if it contrasts with your current view. A closer inspection might introduce a factor you hadn't thought of that alters the course of your probabilities.

Asked on the following book summary:

resource preview

Superforecasting: The Art and Science of Prediction

Did you know it's possible to make accurate predictions about the future without psychic powers? Given the right practice and strategies to explore, y...

Download and customize hundreds of business templates for free

book summary Preview

View all chevron_right