The Business Forecasting Deal
Exposing bad practices and offering practical solutions in business forecastingThe SAS internal discussion boards are always full of fascinating topics, some of which are even decipherable to a non-Ph.D. in statistics like me. A recent topic involved how to calculate the benefits of good forecasting software, and my colleague Robin Way offered an interesting perspective that he allowed me
Personally, I don’t get Twitter. I have an account (mvgilliland) for anyone interested in not hearing any tweets from me. I follow a few people and have a few followers (including some that aren't porn bots) -- but what is the point? Does anyone really care that I’m out hanging
The Summer 2009 issue of Foresight is now available, and features a section on “Rethinking the Ways We Forecast.” Here is Editor Len Tashman’s preview: Are traditional forecasting tools suitable for predicting complex systems like the economy and the global climate? Basically, no, argue David Orrell and Patrick McSharry: such
On a Monday July 20 segment of consumer advocate Clark Howard’s radio show, Clark discussed the common practice of hidden payments to influential bloggers. Apparently these high-tech shills pocket the payola, and then make favorable postings about particular products or services. According to Clark, there are new rules to prevent
Aren’t the internets wonderful? Just today I was trying to find the antonym of “naïve” and came across several terrific choices (sophisticated, worldly, well-informed, and intelligent) and one that didn’t make any sense (svelte???). However, upon further review at Merriam-Webster.com, I discovered that in addition to slender, lithe, and sleek
In April 2009, Google published a draft research paper “Predicting the Present with Google Trends,” by Google’s Chief Economist Hal Varian and Decision Support Engineering Analyst Hyungyoung Choi. The paper is available for download in an April 2 posting by Varian and Choy on the Google Research Blog that has