What makes something easy (or difficult) to forecast? This question was answered by Prof. Rob Hyndman on the Forecasting Impact podcast (February 6, 2021), and it's worth a look at his response. Rob was recently named a Fellow of the International Institute of Forecasters, and is someone who is known
Let's continue now to Nikolaos Kourentzes' blog post on How to choose a forecast for your time series. Using a Validation Sample Nikos first discusses the fairly common approach of using a validation or "hold out" sample. The idea is to build your model based on a subset of the
Sometimes one's job gets in the way of one's blogging. My last three months have been occupied with the launch of SAS® Viya™, our next-generation high-performance and visualization architecture. Please take the time to find more information on the SAS Viya website, and apply for a free preview. Rob Hyndman
The new book Business Forecasting: Practical Problems and Solutions contains a large section of recent articles on forecasting performance evaluation and reporting. Among the contributing authors is Rob Hyndman, Professor of Statistics at Monash University in Australia. To anyone needing an introduction, Hyndman's credentials include: Editor-in-chief of International Journal of
In 2015 Foresight: The International Journal of Applied Forecasting will celebrate 10 years of publication. From high in his aerie in the Colorado Rockies, here is Editor-in-Chief Len Tashman's preview of the current issue: In this 35th issue of Foresight, we revisit a topic that always generates lively and entertaining
