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Get prediction intervals for your forecasts, with this easy to apply statistical mode

This is a discussion on Get prediction intervals for your forecasts, with this easy to apply statistical mode within the Analytic News Feeds forums, part of the Analytics category; WK1model 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 ...


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Old 27th December 2011, 10:14 AM   #1
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Default Get prediction intervals for your forecasts, with this easy to apply statistical mode

WK1model



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!)”.

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Our paper sets forth a synergy of existing statistical theories to obtain a clear-cut model for calculating forecasts with prediction intervals, named the…



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