With this Q&A Part 3, we are about halfway through the questions submitted during the FVA webinar. We did over 15 minutes of live Q&A at the end of the webinar, and covered many of the submitted questions at that time, however I always prefer to issue complete written responses to
There is a well recognized phenomenon that combining forecasts, derived from different methods using different sources of information, can improve forecast accuracy. This approach, sometimes called "ensemble forecasting," is available in SAS Forecast Server. Per Scott Armstrong's review of 57 studies on combining forecasts, "the combined forecast can be better
Some ideas sound great (combining chocolate with peanut butter) and turn out great (Reese's Peanut Butter Cup). Some ideas sound great (getting a face lift) but turn out bad (Kenny Rogers, Greta Van Susteren). Some ideas sound bad (a Run-DMC / Aerosmith duet) but turn out great ("Walk This Way"). Some ideas sound bad (letting
