Data Intelligence, Business Analytics
In the words of Dr. Chris Chatfield: “Predictions are often given as point forecasts with no guidance as to their likely accuracy (and perhaps even with an unreasonable high number of significant digits implying spurious accuracy!)”.
Our paper sets forth a synergy of existing statistical theories to obtain a clear-cut model for calculating forecasts with prediction intervals, named the…Continue
Posted on December 26, 2011 at 3:39pm