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Week 4 Reflective Journal

Week 4 Reflective Journal

Q Prior to beginning work on this assignment, read Chapters 7 and 8 in Superforecasting. The intent of the journal is to apply what you have learned to how data analytics is applied in industry. After reading the assigned chapters of Superforecasting this week, write a reflective journal of the three most important take-aways contained in the chapters. Your journal should be between two to three pages excluding cover and reference page. Carefully review the Grading Rubric Links to an external site.for the criteria that will be used to evaluate your assignment.

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This week's reading of chapters seven and eight highlighted critical forecasting perspectives. Making a forecast takes excellent knowledge, experience, and expertise, but updating it can be just as taxing. Chapters seven and eight described several scenarios that were captivating and relatable in life. In chapter seven, a takeaway that caught my attention was the impacts of underreaction and overreaction behaviors. In chapter eight, two takeaways I related to was the idea of trying to become better and a person's character of grit to achieve goals. Although these three takeaways impacted the development of forecasters, these are traits people grow up developing and embrace through life.