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Week 5 Discussion 1
“Approaches to Forecasting Policy Outcomes� Please respond to the following: Explain at least two ways institutional, temporal, and historical contexts of forecasts affect their accuracy. Describe a real or hypothetical situation that requires someone to make a policy decision. Then, select one of the three approaches to forecasting to apply: extrapolative, theoretical, or judgmental. Provide at least two reasons for your selection of the forecasting approach.