"Why forecasting is important" gets searched over 100 times monthly on Google. Search results include plenty of rah-rah articles touting the obvious benefits of an "accurate forecast," but are of little help in the real life business world where high levels of forecast accuracy are usually not achieved. This is
This isn't such a brilliant article because we learn something new from it -- we really don't. But it is amazing to find, from someone in 1957, such a clear discussion of forecasting issues that still plague us today. If you can get past some of the Mad Men era words and
When you work at headquarters of the leader in advanced analytics software, you never know who you'll encounter in the lobby. It might be celebrity statistician (and New York Times FiveThirtyEight blogger) Nate Silver, of The Signal and the Noise and election forecasting fame. It might be Donald Wheeler, giant
This week Nate Silver, renowned election forecaster (fivethirtyeight blog) and top selling author (of the excellent The Signal and the Noise), spoke at an event here in my building on the SAS campus. Unfortunately, I wasn't considered a B enough of a FD to land an invite to Nate's presentation. However,
Editor Len Tashman's Preview of Foresight Foresight has always presented its methods-based articles as either tutorials, which introduce and illustrate a methodology in nontechnical language, or as case studies, with a focus on the practical issues and challenges in generating forecasts. We lead off this issue with two practical issues articles. First, Stephan
