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John E. Hanke
Eastern Washington University, Emeritus
Dean W. Wichern
Texas A&M University
In the first eight editions, the computer was recognized as a powerful tool in forecasting.
The computer is even more important now with the availability of powerful
forecasting software and easy access to data via networking capabilities and the
A nationwide research study of all AACSB member institutions conducted by
the authors to determine what faculty do about using computers for teaching forecasting
showed that (1) most forecasting faculty (94.2%) attempt to provide
students with hands-on experience in using the computer, and (2) several statistical
packages and specific personal computer forecasting packages were mentioned in
the survey. The packages mentioned most frequently were Minitab, SAS, and
The authors have tried several different approaches to help faculty and students
use the computer for forecasting.This edition features the following:
1. Minitab instructions presented at the end of most chapters.
2. Excel instructions presented at the end of most chapters.
3. Three data collections available on the Internet (Minitab, Excel, other programs).
Each collection contains data from the text examples and problems. Each collection
also contains several new data series.To access the data sets on the Internet goto the Prentice Hall Web site at www.prenhall.com/hanke
4. Examples of different computer outputs are placed throughout the text.Synopsis:
For undergraduate and graduate courses in Business Forecasting. Written in a simple, straightforward style, Business Forecasting 9/e presents basic statistical techniques using practical business examples to teach students how to predict long-term forecasts.
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