RSS SubjectsBlogs about "Forecasting"

Forecasting

Russians Develop Hardware For Forecasting Earthquakes From Space
2008-09-06 19:50:00
The ?Vsplesk? (Burst) Experiment, which will involve a crew at the International Space Station, is expected to yield new methods for the real-time forecasting of earthquakes. Read on and?be amazed. Computers Environment Innovation International Nature News Outdoors Science Technology
Russians Develop Hardware For Forecasting Earthquakes From Space
2008-09-06 19:50:00
The ?Vsplesk? (Burst) Experiment, which will involve a crew at the International Space Station, is expected to yield new methods for the real-time forecasting of earthquakes. Read on and?be amazed. Computers Environment Innovation International Nature News Outdoors Science Technology
Monte Carlo forecasting in football betting
2008-07-04 17:47:00
Following the success of last season, my thoughts obviously turned to whether this can be repeated. Or more accurately, what can be expected from the algorithm betting model in future seasons both in terms of return and the variability of those returns. “Monte Carlo” is the name given to simulations which make use of computer generated random numbers to identify the range ... SHARETHIS.addEntry( { title: "Monte Carlo forecasting in football betting", url: "http://www.algorithmbetting.co-m/2008/07/04/monte-carlo-foreca-sting-in-football-betting/" } );
Oregon Scientific intros weather-forecasting Meteo watch
2008-04-28 00:00:00
Oregon Scientific managed to pique our interest with its proximity-sensing Weather In Motion clock, and it now looks like it's got the solution for anyone that wishes they could take it with 'em wherever they go, with the company set to release its new Meteo weather forecasting watch. While the ...
Forecasting Financial Markets: The Psychology of Successful Investing
2008-04-21 00:26:00
Provides the reader with an in-depth assessment of the phenomenon of cycles and patterns of economic and financial activity in order to make money in the world’s financial markets. Guides investors in understanding the forces at work in logical terms, and in designing an investment process that generates objective ‘buy’ or ’sell’ signals.
Rain Forecasting Umbrella for Mary Poppins types
2008-04-16 23:31:00
Unless you own an old bowler hat, umbrellas really don’t go with anything. They’re just not very stylish, unless you are one Mary Poppins. Unfortunately umbrellas are pretty necessary if you want to stay dry. But weather is unpredictable. You often don’t know when an umbrella is required. That’s where this concept umbrella from Materious ...
SAS for Forecasting Time Series, Second Edition
2008-04-01 12:52:00
John C., Ph.D. Brocklebank, David A. Dickey July, 2003ISBN: 1590471822SAS PublishingThis second edition of a 1986 publication contains additions that update this book with advances in time series forecasting. New topics include the Augmented Dickey-Fuller test, the model identification methods ESACF, SCAN and MINIC, unequal variances in time series models, and cointegration. The revisions and reorganization to chapter seven, Spectral Analysis, improve readability and comprehension. The addition of the final chapter, 'Data Mining and Forecasting', provides an introduction to the menu driven Time Series Forecasting System. SAS users who model and forecast time series data should add this book to their collection, including owners of the first edition. --Barry A. Evans, Ph.D., Manager, Forecasting GlaxoSmithKlinePrefaceA time series is a set of ordered observations on a quantitative characteristic of a phenomenon at equally spaced time points. The goal of univariate time series analy...
SAS for Forecasting Time Series, Second Edition
2008-04-01 12:52:00
John C., Ph.D. Brocklebank, David A. Dickey July, 2003ISBN: 1590471822 SAS PublishingA time series is a set of ordered observations on a quantitative characteristic of a phenomenon at equally spaced time points. The goal of univariate time series analysis is to forecast values of a single historical series. The goal of multivariate time series analysis can be to model the relationships among component series as well as to forecast those components.Time series analysis can be accomplished most effectively by the SAS procedures ARIMA, STATESPACE, SPECTRA, and VARMAX. To use these procedures properly, you must (1) understand the statistics you need for the analysis and (2) know how to invoke the procedures. SAS for Forecasting Time Series, Second Edition, makes it easier for you to apply these procedures to your data analysis problems.Chapter 1, ?Overview of Time Series,? reviews the goals and key characteristics of time series. The analysis methods available through SAS/ETS software a...
Computational Intelligence in Time Series Forecasting: Theory and Engineeri
2008-04-01 11:13:00
Foresight can be crucial in process and production control, production-and-resources planning and in management decision making generally. Although forecasting the future from accumulated historical data has become a standard and reliable method in production and financial engineering, as well as in business and management, the use of time series analysis in the on-line milieu of most industrial plants has been more problematic because of the time and computational effort required.The advent of intelligent computational technologies such as the neural network and the genetic algorithm promotes the efficient solution of on-line forecasting problems. Their most outstanding successes include:prediction of nonlinear time series and the nonlinear combination of forecasts using neural networks;prediction of chaotic time series and of output data for second-order nonlinear plant using fuzzy logic.The power of intelligent technologies applied individually and in combination, has created adv...
Computational Intelligence in Time Series Forecasting: Theory and Engineeri
2008-04-01 11:12:00
Foresight can be crucial in process and production control, production-and-resources planning and in management decision making generally. Although forecasting the future from accumulated historical data has become a standard and reliable method in production and financial engineering, as well as in business and management, the use of time series analysis in the on-line milieu of most industrial plants has been more problematic because of the time and computational effort required.The advent of intelligent computational technologies such as the neural network and the genetic algorithm promotes the efficient solution of on-line forecasting problems. Their most outstanding successes include:prediction of nonlinear time series and the nonlinear combination of forecasts using neural networks;prediction of chaotic time series and of output data for second-order nonlinear plant using fuzzy logic.The power of intelligent technologies applied individually and in combination, has created adv...
Forecasting Financial Markets: The Psychology of Successful Investing
2008-04-01 11:06:00
Publisher: Kogan Page; 5th ed. edition (September 1, 2006)ISBN-10: 0749447494415 pages | PDF | 7,7 Mb Provides the reader with an in-depth assessment of the phenomenon of cycles and patterns of economic and financial activity in order to make money in the world's financial markets. Guides investors in understanding the forces at work in logical terms, and in designing an investment process that generates objective 'buy' or 'sell' signals. Buy this book from Amazon:Forecasting Financial Markets: The Psychology of Successful InvestingThanks to original uploader:rapidshare
Forecasting Financial Markets: The Psychology of Successful Investing
2008-04-01 11:06:00
Publisher: Kogan Page; 5th ed. edition (September 1, 2006)Language: EnglishISBN-10: 0749447494Provides the reader with an in-depth assessment of the phenomenon of cycles and patterns of economic and financial activity in order to make money in the world's financial markets. Guides investors in understanding the forces at work in logical terms, and in designing an investment process that generates objective 'buy' or 'sell' signals.Buy this book from Amazon:Forecasting Financial Markets: The Psychology of Successful InvestingResources
A Practical Guide to Forecasting Financial Market Volatility (The Wiley Fin
2008-04-01 10:45:00
A Practical Guide to Forecasting Financial Market VolatilityWiley; 1 edition (June 17, 2005) ISBN: 0470856130 236 pages PDF 1,1 MbFinancial market volatility forecasting is one of today's most important areas of expertise for professionals and academics in investment, option pricing, and financial market regulation. While many books address financial market modelling, no single book is devoted primarily to the exploration of volatility forecasting and the practical use of forecasting models. A Practical Guide to Forecasting Financial Market Volatility provides practical guidance on this vital topic through an in-depth examination of a range of popular forecasting models. Details are provided on proven techniques for building volatility models, with guide-lines for actually using them in forecasting applications."Professor Poon exposes in her book current state-of-the-art volatility forecasting methods. Beginning with a description of various conditional volatility models, be it dis...
A Practical Guide to Forecasting Financial Market Volatility
2008-04-01 10:45:00
Wiley; 1 edition (June 17, 2005) ISBN: 0470856130 236 pages PDF 1,1 MbFinancial market volatility forecasting is one of today's most important areas of expertise for professionals and academics in investment, option pricing, and financial market regulation. While many books address financial market modelling, no single book is devoted primarily to the exploration of volatility forecasting and the practical use of forecasting models. A Practical Guide to Forecasting Financial Market Volatility provides practical guidance on this vital topic through an in-depth examination of a range of popular forecasting models. Details are provided on proven techniques for building volatility models, with guide-lines for actually using them in forecasting applications.Buy this book from Amazon:A Practical Guide to Forecasting Financial Market Volatility (The Wiley Finance Series)Resources
Forecasting Volatility in the Financial Markets
2008-04-01 10:31:00
Butterworth-Heinemann; 3 edition (March 23, 2007) ISBN: 075066942X 432 pages PDF 3,1 MbThis new edition of Forecasting Volatility in the Financial Markets assumes that the reader has a firm grounding in the key principles and methods of understanding volatility measurement and builds on that knowledge to detail cutting-edge modelling and forecasting techniques. It provides a survey of ways to measure risk and define the different models of volatility and return. Editors John Knight and Stephen Satchell have brought together an impressive array of contributors who present research from their area of specialization related to volatility forecasting. Readers with an understanding of volatility measures and risk management strategies will benefit from this collection of up-to-date chapters on the latest techniques in forecasting volatility.Chapters new to this third edition:* What good is a volatility model? Engle and Patton* Applications for portfolio variety Dan diBartolomeo* A compar...
Forecasting Volatility in the Financial Markets, Third Edition (Quantitativ
2008-04-01 10:30:00
Butterworth-Heinemann; 3 edition (March 23, 2007) ISBN: 075066942X 432 pages PDF 3,1 MbThis new edition of Forecasting Volatility in the Financial Markets assumes that the reader has a firm grounding in the key principles and methods of understanding volatility measurement and builds on that knowledge to detail cutting-edge modelling and forecasting techniques. It provides a survey of ways to measure risk and define the different models of volatility and return. Editors John Knight and Stephen Satchell have brought together an impressive array of contributors who present research from their area of specialization related to volatility forecasting. Readers with an understanding of volatility measures and risk management strategies will benefit from this collection of up-to-date chapters on the latest techniques in forecasting volatility.Chapters new to this third edition:* What good is a volatility model? Engle and Patton* Applications for portfolio variety Dan diBartolomeo* A compar...
Tuesdays with Smitty: Forecasting the American League
2008-03-26 03:49:00
When Casey approached me about doing Tuesdays with Smitty, I jumped at the idea.. Great, my own weekly pseudo-column. Then I said, “Great, what the hell am I going to write about this week? “. Well out of the Land of the Rising Sun arose my column. Almost as ritualistic as Groundhog Day, the end ...
Economic Forecasting
2008-03-26 01:26:00
In Prescott, Arizona on Thursday, March 13th, I attended the AAR Winter Conference of Realtors. The first speaker was Jed Smith, NAR's Director of Quantitative Research. He gave the Realtors an optimistic picture of the economy and Mr. Smith did not believe the Country would be in a recession and also painted a rosier picture of the Arizona economy than I had heard previously. Dr. John Tuccillio, former NAR economist, then spoke and disagreed with Mr. Smith. Dr. Tuccillio believes we're in a recession and one of his best comments was about the core inflation figures. Looking at core inflation, it appears that our inflation is within an acceptable range, "if you don't eat or drive". Dr. Tuccillio's point was that with the cost of food and gas added to core inflation, you have inflation at an unacceptable level. Also, Dr. Tuccillio gave the Realtors an overall view: the real estate market will bottom out between now and the end of 20...
Climate Change - Forecasting the Future of Global Warming
2008-03-24 05:13:00
Most people agree that the long-term effects of global warming will be disastrous for the planet and its inhabitants. But predicting the exact future impact it will have is a very complex task. Those who make predictions about its long-term effects are not likely to do so with one hundred percent accuracy.Some of the difficulties inherent in forecasting future effects of global warming have to do with those same factors that make it hard for meteorologists to predict the weather correctly on a day-to-day basis. Winds can cool the air or warm it depending on the direction they take. Cloud cover can cool a hot day. Air masses move and cause storms as cool fronts and warm fronts collide. Ocean currents can change the temperature of the land on which they strike. The earth's atmosphere is constantly in a cycle of evaporation and precipitation. As ice melts in the Polar Regions due to global warming, the ocean temperatures are affected. Evaporation rates are in flux. The courses and spe...
New forecasting method predicts solar storms
2008-02-19 21:33:00
If humans live on the moon some day, they might turn on the weather forecast just as they do on Earth. But in space, they won't fear rain storms, but sun storms.
Weather Forecasting
2008-02-18 10:21:00
It was October and the Indians on a remote reservation asked their New Chief if the coming winter was going to be cold or mild. Since he Was a Chief in a modern society he had never been taught the old Secrets. When he looked at the sky he couldn't tell what the winter Was going to be like.Nevertheless, to be on the safe side he told his tribe that the Winter was indeed going to be cold and that the members of the Village should collect firewood to be prepared.But being a practical leader, after several days he got an idea. He Went to the phone booth, called the National Weather Service and Asked, "Is the coming winter going to be cold?""It looks like this winter is going to be quite cold," the Meteorologist at the weather service responded.So the Chief went back to his people and told them to collect even More firewood in order to be prepared.A week later he called the National Weather Service again."Does it still look like it is going to be a very cold winter?""Yes," the man at N...
By: FUNPEN
Forecasting the Societal Impact of the Housing and Credit Crisis: Recessio
2008-02-09 22:12:00
Last week we were presented with a very weak service sector report. The Institute for Supply Management issues a monthly report on non-manufacturing employment and market sentiment. The market was expecting a reading from 52 to 53 on the scale and we ended up getting a reading in at 44.6; anything below a ...Related Posts:?$5 Trillion in Housing Wealth Gone: The Impact of the Housing Bubble Bursting?The Menace of Mortgage Debts: Lessons from the Great Depression Series: Part IV: Where do we go After the Housing Crash??Summer and Housing in the Garden of Eden. 3 Reasons Why Housing Will Soar This Summer!?Global Housing Bubble: International House of Subprime Lending.?Housing Bubble Blog News on the Decline Year-on-Year? What is Going On?
The annual forecasting powers of the January performance indicator
2008-02-09 21:12:00
Some traders believe that by looking at stock market performance at the beginning of a year, during the month of January, one can get an idea of how the markets will perform over the remaining eleven months. While I am somewhat sceptical about the predictive power of this January Performance Indicator, we can nonetheless look at the charts and see what the magical candlesticks are telling us
SP Player Profiles [31-40]: Forecasting Joba and Bonderman
2008-01-25 09:12:00
31. Chien-Ming Wang, NYY Any reasonable baseball fan knows that as a statistic, wins aren’t the best measure of a pitcher’s effectiveness, and are as much a product of his team’s offense as his own abilities (you may notice I said “any reasonable baseball fan,” and not “The Baseball Writers’ Association of America”). Chien-Ming Wang certainly ...
Kodak: Siebel CRM for Uniformity & Forecasting - Sales Force Case Study
2008-01-17 09:44:00
Siebel CRM On Demand brought Kodak’s GCG three key benefits: 1. Brought uniformity of reporting and pipeline forecasting to US Sales staff 2. Delivered real-time analytics for Sales staff and management 3. Provided a uniform set of processes for integration of all US/C acquisitions. To build Kodak’s market position in the professional graphics segment, it bought ...
17 thoughts and ideas on forecasting the future from paul saffo
2008-01-12 20:52:00
Paul Saffo, the godfather of forecasters, gave a really fantastic talk at the Long Now last night. It was full of lots of sensible thinking suggesting, that despite the negative press against forecasters, of course, he thinks it’s more important then ever. Saffo views the current uncertainty as opportunity, rather than an impossible challenge. Here are some of the highlights from his talk1.    Here’s how he graphically views his job.2.    Every technology adoption has an S curve.3.    We tend to over-estimate the speed of short-term adoption and under-estimate the diffusion of the technology.4.   - Most big tech trends take 20 years to develop.5.    We are entering the age of robots-sensors are everywhere- he used the rapid progress of the technology in the DARPA challenge and Nike as examples. 6.    Look for wild cards- crazy ideas at the fringes- they help you find the boundaries7...
The black swan – unpredictability, futility of forecasting etc
2008-01-11 03:57:00
I have just finished this book. I wrote about this book earlier here. I have also read N N Taleb’s earlier book – fooled by randomness and liked it a lot.I will not be doing a detailed review of the book as that can be found on amazon and a lot of other website. I will however highlight some of the points, which struck me as important and how they impact me as an investor.One of the key points, which the author makes, is about the complexity of the real world and lack of predictability. For ex: No one predicted the rise and the importance of the internet. The Internet has become one of the major forces shaping our world. It can be termed as a positive black swan. As a result all complex systems such as the economy, financial markets, which get impacted by such black swans, cannot be predicted. But that does not stop analysts and all the talking heads on TV from making predictions (predictions for 2008 etc etc)Now one can argue that some prediction do come through. Well, you donâ...
Weather forecasting in Summit County, Colorado must be a tough job!
2008-01-10 02:32:00
Eighteen years ago we bought our first Summit County ski condo.  We lived in Evergreen at the time, about 60 miles away.  We would look out our window, see what the weather was like and decide to ski based on what it looked like in Evergreen.  Not exactly the best way to do it, as it ...
Forecasting Software
2008-01-09 09:09:00
Applix?s TM1 budgeting software offers managers an unparalleled look into the operating plans of their business. With TM1, you can collaboratively develop a business plan that contains your budgeting and forecasting across the entire enterprise. Being able to monitor your performance against the prime indicators of your financial and operational plans allows you to interpret ...
ForecastingTools Graph
2007-12-28 02:24:00
Click to enlarge ForecastingTools Graph 1.0 This Microsoft Excel Add-In provides the most Known and commonly used Forecasting Tools, as Moving Average, Simple Exponential Smoothing and Winters models. It performs simultaneous Time Series analyses, Seasonal Indexes Calculation and Time Series Decomposition. New Graphical Interface makes forecasting Tools a simple and powerfull tool.
Forecasting and Inventory Tips From Wholesale Supplies Plus
2007-12-22 19:35:00
On my way to work this am, I called a good friend to see if she wanted to meet for a drink after work. She couldn?t because her husband is out of town and she didn?t have a babysitter. It was a bummer because I really enjoy her company. She told me that her husband was at a week long annual forecast meeting for his business. Knowing that her husband works in the chocolate industry and I said something like, ?is 2008 going to be a good year for chocolate?? That is when she told me he is forecasting inventory and sales for 2011!It got me to thinking about today?s topic. Forecasting Sales and Holding Inventory.Wholesale Supplies Plus, on average forecasts inventory 8 weeks out. In other words, we place an order with our manufacturers 8 weeks before we actually run out of stock. Some manufacturers have a lead time of 2 weeks, some are 12 weeks and a few are 24 weeks?.but on average it is about 8 weeks.I always feel bad when we run out of stock but it is so darn hard to forecast when new...
Forecasting and COVIAR
2007-12-20 09:11:00
Everything seems to indicate that this is a Friday news loaded wine. It is that the 11, INV will release the first estimate of the grape harvest season 2007-2008 deemed superior to the previous one and will advance the development of offices wines in the domestic market and outside in November. ......
By: Wine Blog
Wii shortage: poor forecasting or marketing ploy?
2007-12-15 07:23:00
In the past, we have talked about deliberately under-priced products. Business Week has a story on the Wii:. The growing popularity of online shopping has created a booming secondary market in which individuals profit from shortages by … Original post by Luke Froeb
The Hazards Of Economic Forecasting
2007-12-13 19:15:00
According to Bloomberg yesterday, Bank of America Corp. CEO Kenneth Lewis said at an industry conference in New York that fourth-quarter profit will be ?quite disappointing.? Lewis predicted a ?challenging? 2008 with higher writedowns for securities tied to the U.S. mortgage market. Jeffrey Harte, a Chicago-based analyst at Sandler O?Neill & Partners LP, told Bloomberg ...
Forecasting
2007-12-10 16:41:00
The REmapper is a real estate forecast system that will actually give you the most up to date stats of your property and the future value of it as well. This is actually very cool - it is a web based mapping and graphs tool that is quite unique and will help many investors ...
Forecasting
2007-12-10 16:41:00
The REmapper is a real estate forecast system that will actually give you the most up to date stats of your property and the future value of it as well. This is actually very cool - it is a web based mapping and graphs tool that is quite unique and will help many investors ...
Forecasting Forex Trading
2007-12-03 05:12:00
There are a some methods that are utilised when forecasting the Forex . Each system is utilised to see how the Forex entireness and how the fluctuations in the mart crapper change traders and nowness rates. The digit methods that are most ofttimes … More: continuing here
Forecasting Forex Trading
2007-12-02 21:45:00
What is Forex or Foreign Exchange: It is the largest financial market in the world, with a volume of more than $1.5 trillion daily, dealing in currencies. Unlike other financial markets, the Forex market has no physical location, no central exchange. It operates through an electronic network of banks, corporations and individuals trading one currency for another. What about Forecasting: Predicting current and future market trends using existing data and facts. Analysts rely on technical and fundamental statistics to predict the directions of the economy, stock market and individual securities. For those who trade using the Forex, or foreign currency exchange, knowing how to forecast the Forex can make the difference between trading successfully and losing money. When you begin learning about Forex trading, it is vital that you understand how to forecast the Forex trading market. There are a few methods that are used when forecasting the Forex. Each system is used to understand h...
Holiday Gifts Ambient Forecasting Umbrella
2007-11-28 11:47:00
Make your PC more useful. Get the free Google Pack. Ambient Forecasting Umbrella already made one of my previous top-ten stories, but it's too good not to mention a second time. This high-tech umbrella knows the chance of precipitation, thanks to a built-in wireless receiver in the handle that receives forecasts from Accuweather.com. The blue LEDs at the bottom of the handle will flash according to the chance of precipitation in your area. For example, if there is a 100-percent chance of snow, the handle will flash quickly; if there's a 10-percent chance, it will flash slowly. The umbrella runs on a C battery, measures 58 inches in diameterCheers Covering the latest cutting edge of Technology, Business, Internet trends, Marketing, latest News of the day and I will try to entertain with wit and wisdom along the way. Ok, maybe more wisdom that wit. Throw in some SEO and Search Engine Marketing tips (Note: Thank you for reading the Semcents blog.  Keep in To...
The 7 Essential Factors in Forecasting the Length of Homeopathic Treatment
2007-11-24 23:03:00
“How long will it take for me to get better?” This is one of the most frequent questions asked by new or prospective homeopathic patients. It is a sensible question that originates in our deep desire to foretell our life course and to receive assurance about the future. How does homeopathy rise to the challenge of responding with a reliable forecast? The challenge of homeopathic forecasting Homeopathic forecasting is challenging for any homeopath, because homeopathic treatment addresses the total predisposition to illness — a complex entity composed of multiple known and unknown factors — rather than isolated symptoms. The challenge is especially great prior to the initial homeopathic intake, as it is only during this consultation that the predisposition is first discerned. Homeopathic forecasting is demanding essentially because of the nature of the spiritual healing that is the goal of homeopathic treatment of chronic conditions. Such deep healing cann...
Fed Forecasting Slowdown in 2008
2007-11-20 16:43:00
I am thinking about renaming the Federal Reserve “Team Obvious” for their latest round of forecasts; which call in part for a slowing of the economy in 2008. Wow, it’s nearly December 2007 and things look pretty terrible; thanks for the heads up. This data of course is courtesy of the more “transparent” ...
Forecasting the Forex Market
2007-11-18 10:11:00
So forex signal system is an superior added agency for today’s highly ambulatory external mercantilism trader. This unequalled assist module ready nowness traders near to the apace dynamical forex mart modify when they are absent from their … More: continuing here
Forecasting Forex With Fundamental Analysis an Introduction
2007-11-18 00:00:00
If you are forecasting forex with fundamental analysis you are effectively looking at the supply and demand situation and trying to judge which way prices go. Forex prices respond to the long term fundamentals but you need to avoid the errors most traders make to succeed. What is Forex Fundamental analysis? Studies all the facts in relation ...
WeatherBug now forecasting on iPhone
2007-10-24 02:38:00
WeatherBug knows how to get around. The detailed weather reporting app for most combinations of desktop and mobile downloads, plus a WAP site, has now let iPhone into the club. Now iPhone users can check out seven-day forecasts, animated radar maps, and real-time images from street-level weather cameras. Incidentally, I learned an interesting factoid about WeatherBug. It began as educational curriculum and in fact still has a strong program for schools and organizations that subscribe to their weather warning alert system (chance of lightning, soccer canceled.) That explains why the view of Sunnyvale, CA is taken from what looks like the roof of the South Peninsula Hebrew Day School, a small private school, rather than this well-known landmark.
Forecasting New Technology Products
2007-10-18 02:14:00
Forecasting is a thankless job. It's a lot like being a referee or umpire in your favorite sport; the only time a game official is noticed is when they do something wrong! Similarly, a forecaster's primary aim is too stay out of the "news".Make no mistake; forecasting is a very important function in any business. In the software business, your whole business plan could be riding on meeting the forecast to fund growth and product development. In a hardware business, it's even worse--you have to worry about creating too much or too little inventory--either of which can be a huge problem for your business.HARD IN THE BEST OF CIRCUMSTANCESIt's bad enough when you are trying to forecast an existing, mature product, in a mature industry. This is a difficult and complex task, using well known techniques such as smoothing, trending and seasonality to fine tune the next month or annual forecast.Early in my career, at Hewlett Packard, I spend 4 months in a special assignment dedicated sol...
NFL Spread Computer Forecasting Models
2007-10-08 14:11:00
In the past weeks I have been posting informative graphs and NFL statistics of matchups. Then, I started to make personal predictions of who would cover the spread but the only information I was using was the exploratory analysis of the historical data of the NFL point spread that I have collected. As you probably have seen, I have not been quite successful. There are way too many 'experts' and sites that continually claim winnings against the spread. That was not the original purpose of this blog. As a statistician I know I should not be doing this and instead I should be looking for patterns in the data and running models/algorithms to detect them. For example, when a visiting team's offense/defense strength is at a certain level and the opposing team's at another level, the point spread should be X. If that X is significantly different from the vegas line, then an opportunity can be explored. Another example is to give each team a time varying ranking so that the difference ...
Energy Joule Wireless Weather Forecasting Electricity Usage Monitor
2007-09-14 14:00:00
We previously featured the rather slick Wattson Wireless Electricity Monitor and, whilst this particular gadget known as the Energy Joule pretty much serves the same function, it also comes with wireless weather forecasting thanks to its ability to receive and decode signals from the Ambient Infocast Network. One slight problem ? it?s currently only available ...
Weather Forecasting Umbrella: To Keep Me Dry
2007-09-08 15:10:00
Weather Forecasting Umbrella: To Keep Me Dry: "If you are a i-hate-to-get-wet-in-the-rains- kind of person then makes sure you own this umbrella. Also known as the Weather Forecasting Umbrella (the name says it all); this little genius is a perfect companion for those suffering from Hydrophobia. The handle has a radio receiver that is inbuilt into it. Whenever it senses some weird weather condition, it triggers of the LED on the base that flashes. Thus you know when to get the umbrella out. The radio frequencies on which the signals are received are proprietary so that the readings aren’t affected by external disturbances from other wireless carrier waves."(Via Gizmodude.com.)
46826 blogs in the directory.
Statistics resets every week.


Contact | About
© Blog Toplist 2008 - Supported by Web Catalog - SEO by FeWorks
eXTReMe Tracker