Browsing School of Economic Sciences and Business by Subject "Forecasting situations"

Now showing items 1-1 of 1

  • Forecasting accuracy and the assumption of constancy 

    Makridakis, Spyros (Elsevier, 1981)
    Statistical forecasting is based on the assumption of constancy, or structural ability in the data. This paper argues that such an assumption might not always be realistic in real life forecasting situations. Unfortunately, ...