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Tuesday, 06 January 2009 |
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Accurate estimates of rainfall are needed to forecast floods and droughts, and minimise their impacts. Until recently, the main method used to estimate rainfall in an area was interpolation of measurements from a network of hydro-meteorological stations.
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Monday, 05 January 2009 |
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Humans love to make predictions -- whether about the movements of the stars, the gyrations of the stock market or the upcoming season's hot color -- and the beginning of a new year brings out this tendency even more than usual.
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Monday, 05 January 2009 |
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Best wishes for the New Year to all forecasters around the globe. With 400+ visits and 5000+ pageviews per day AppliedForecasting.com has become one of the most popular web sites on forecasting on the internet.
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Friday, 19 December 2008 |
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A decade ago, many oil analysts thought $10 a barrel was the new normal. Just six months ago, when prices were just below $150, forecasters said $200 oil was not out of the question.
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Thursday, 18 December 2008 |
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Which of two groups—economists or the general public—came closer to predicting the recession? Surprisingly, it looks like the Joe Six Packs of the world were better economic prognosticators than the elbow patch set.
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Wednesday, 17 December 2008 |
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“Benchmark forecasts for climate change" is a new working paper by Kesten Green, Scott Armstrong, and Willie Soon. Using forecasting principles the authors selected a naïve no-change method as the appropriate benchmark for forecasting global average temperatures over the 21st Century.
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Tuesday, 16 December 2008 |
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Infor announced that Wedgwood, the English fine china producer, has selected an advanced supply chain management (SCM) solution to help improve its global forecasting and requirements planning capabilities; reduce inventory and boost the productivity of its supply chain across all operations.
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Monday, 15 December 2008 |
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In this issue we have: Beating the Random Walk: a Performance Assessment of Long-term Interest Rate Forecasts ; GDP nowcasting with ragged-edge data : A semi-parametric modelling ; How Much Can Outlook Forecasts be Improved? ; Path Forecast Evaluation ; Forecasting Stock Market Returns: The Sum of the Parts is More than the Whole, and more.
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Friday, 12 December 2008 |
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SAS has scheduled its first annual international analytics conference in Europe which will draw delegates from across Europe and the rest of the world. By participating in A2009 you, and over 400 other analysts, will be able to share experiences and ideas, and learn how to best use your analytical skills to help your career and improve the performance of your company.
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Thursday, 11 December 2008 |
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General Motors and Ford have viable reorganization plans in place, provided Congress authorizes billions of dollars in loans to help them survive the severe economic downturn, but Chrysler’s demise is all but inevitable regardless of whether it receives government aid, a forecasting firm said Wednesday.
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Wednesday, 10 December 2008 |
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The Prediction Market Clusters in collaboration with NewsFutures, Xpree, the Prediction Markets Industry Association, Mercury, Robin Hanson, and many others announces the Collective Intelligence Conference and Prediction Markets Summit 23 January 2009 in San Francisco, California USA.
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Tuesday, 09 December 2008 |
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Logility, a supplier of collaborative solutions to optimize the supply chain, announced that Augusta Sportswear, a team apparel manufacturer, has selected Logility Voyager Solutions™ to improve forecast accuracy, increase visibility into customer demand and manage inventory more effectively.
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Monday, 08 December 2008 |
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Global consulting firm Capgemini helped US automotive supplier Johnson Controls develop a roadmap to improve operational and financial forecast accuracy, reduce forecasting cycle time and refocus efforts toward common global planning and forecasting.
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Friday, 05 December 2008 |
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Over a period of little more than ten years, the Forecasting Principles web site has had 1,000,000 visits. The rate of visits has picked up with nearly 300,000 over the last 12 months.
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Thursday, 04 December 2008 |
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Sales forecasting: It's hard enough to get it right without all the ways we get it wrong. It was on my mind over the long holiday weekend, and in this case, it wasn't a particularly cheery back-of-the-mind thought. My company's recent sales reflect the economic downturn.
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