Language: English
Published by LAP LAMBERT Academic Publishing, 2021
ISBN 10: 6203471224 ISBN 13: 9786203471229
Seller: preigu, Osnabrück, Germany
Taschenbuch. Condition: Neu. Integration of Judgmental and Statistical Approaches to Forecasting | Error metrics, visual tools, handling unaided judgment, analysis of judgmental adjustments, joint Bayesian modelling | Andrey Davydenko | Taschenbuch | Englisch | 2021 | LAP LAMBERT Academic Publishing | EAN 9786203471229 | Verantwortliche Person für die EU: LAP Lambert Academic Publishing, Brivibas Gatve 197, 1039 RIGA, LETTLAND, customerservice[at]vdm-vsg[dot]de | Anbieter: preigu.
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Language: English
Published by John Wiley & Sons Inc, 1998
ISBN 10: 047197014X ISBN 13: 9780471970149
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Language: English
Published by LAP LAMBERT Academic Publishing, 2021
ISBN 10: 6203471224 ISBN 13: 9786203471229
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Taschenbuch. Condition: Neu. nach der Bestellung gedruckt Neuware - Printed after ordering - When it comes to forecasting, it's important to know how good your forecasting is and if there are ways to improve it. This work focuses on finding reliable and informative indicators of forecasting performance and on how to improve forecasts with the use of judgment. Chapter 2 explores limitations of various error measures and introduces a new class of metrics (AvgRel-metrics) for measuring forecasting performance using the following rules: i) relative indicators are averaged across series using the weighted geometric mean, ii) an indicator used to evaluate forecasts must correspond to the loss function used to optimize forecasts. The AvgRelMSE and AvgRelMAE metrics are proposed to measure accuracy under quadratic and linear loss, respectively, and the AvgRelAME to measure bias. Boxplots of logs of relative indicators are used to visualize distributions. Chapters 3 and 4 look at models for handling unaided judgment & judgmental adjustments. In particular, this work introduces advanced models based on using panel data and Bayesian analysis. Chapter 5 proposes a novel approach allowing to incorporate judgment into a joint model and update forecasts as new data becomes available.
Language: English
Published by John Wiley & Sons Inc, New York, 1998
ISBN 10: 047197014X ISBN 13: 9780471970149
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Add to basketHardcover. Condition: new. Hardcover. This book provides research on the human element in forecasting. It focuses on how we can improve our ability to accurately forecast. This book provides research on the human element in forecasting. It focuses on how we can improve our ability to accurately forecast. This item is printed on demand. Shipping may be from our UK warehouse or from our Australian or US warehouses, depending on stock availability.