forecast error in a sentence
Examples
- Three percent is retained for past and future forecast errors and thereby provides a liquidity reserve.
- This will lead to more analyst forecast errors.
- Properties of the VAR model are usually summarized using structural analysis using forecast error variance decompositions.
- In the 25 papers with quantitative comparisons, complexity increased forecast errors by an average of 27 percent
- Hence, combining is seen as helping to improve forecast accuracy by reducing the forecast errors of individual forecasts.
- In 1964, when the center moved from a two-day to a three-day forecast, the forecast error was about 520 miles.
- DAOE is one of the most widely accepted valuation models because it is considered the least sensitive to forecast errors.
- Using a consensus of forecast models, as well as ensemble members of the various models, can help reduce forecast error.
- They found that from 1970 to 1998 track forecast errors decreased by about 1 percent per year for the 24-hour forecast.
- As a quantitative measure, the " forecast bias " can be specified as a probabilistic or statistical property of the forecast error.