Examples of 'forecast errors' in a sentence
Meaning of "forecast errors"
forecast errors - This phrase is utilized in the field of meteorology or financial planning to denote inaccuracies in predicted outcomes. It suggests that the projected results or estimates differ from the actual events or data
How to use "forecast errors" in a sentence
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forecast errors
Nobody is accountable for forecast errors.
Large forecast errors and structural flaws or inconsistencies in methods are revealed as weaknesses.
Temporal independence of forecast errors.
The impact of forecast errors on the potential of wind power reserve is also highlighted.
The quality of forecasts is most commonly assessed based on forecast errors.
Isolated errors are linked to meteorological forecast errors or unexpected concentrations of precursors.
The FCRRfb method may have a lower sensitivity to forecast errors.
The discussion that follows focuses on forecast errors based on the unemployment rate.
This explanation will serve as a reference when assessing a posteriori forecast errors.
Forecast errors should be random and observed errors should be temporally independent of each other.
This explanation will serve as a reference when forecast errors are assessed ex post.
The forecast errors of Finnish forecasters are often close to each other.
The interaction between atmosphere and surfaces is a major source of forecast errors.
One should also note that the forecast errors are assumed to be temporally independent.
This means that there was no systematic temporal variation in the forecast errors.
See also
Forecast Errors in the Revenue of the SB on a cash basis.
Average time to delivery deserves closer scrutiny only in cases with systematic forecast errors.
Contribution of economic forecast errors - international comparison.
The tables appended to the survey analyse the evolution of the forecasts and forecast errors.
Interest-rate forecast errors do contribute substantially to forecast errors in public debt charges.
One reason for this is that positive and negative forecast errors cancel each other.
Because forecast errors are given, companies often carry an inventory buffer called " safety stock.
Assumptions and thus greatly reduce the risk of budgetary discipline being jeopardised by forecast errors.
The multiple depends on the relationship between past forecast errors and past forecast revisions.
For example, a classic approach in dimensioning safety stocks requires calculating standard deviation of forecast errors.
N where is the autocorrelation coefficient of the forecast errors between lags t and t-1.
The forecast errors of the FM (and Etla) on inflation are the closest to zero.
Standard deviation, of the forecast errors.
Is there any bias in the forecast errors of the Ministry of Finance's macroeconomic forecasts?
Testing temporal independence and non-persistence of forecast errors.
Their representation is a source of forecast errors downstream, especially over Europe.
In such a case, the forecast error can be modelled to forecast future forecast errors.
These were the largest forecast errors of both institutions since the oil shock of 1974.
In this context, the presentation of cumulative data on forecast errors may be misleading.
By March 2002, the forecast errors for banknotes in circulation had returned to normal.
The FM's forecasts were unbiased and there was no temporal persistence of forecast errors.
The report analysing forecast errors was published in May 2016.
National Accounts-based fiscal projections consequences of economic forecast errors.
The Ministry of Finance's forecasts have been unbiased and forecast errors non-persistent.
The prior-art FCRR methods are very sensitive to forecast errors.
The corrected standard deviation is computed on the basis of UN-DESA forecast errors.
Also, combinations of indicators models, while not necessarily more accurate, can prevent large forecast errors.
Macroeconomic variables treated as uncertain and the calculated CV of the one-year-ahead forecast errors ( in % ).
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