If outliers could scream, would we be so cavalier about removing them from our history, and excluding them from our statistical forecasting models? Well, maybe we would – if they screamed all the time, and for no good reason. (This sentiment is adapted from my favorite of the many Deep

While insufficiently endowed to be called a "get rich quick" scheme, here is a good way to pocket an extra $5,000 for your holiday shopping budget, and contribute to the body of forecasting knowledge. For the ninth straight year, SAS announces funding of two $5,000 research grants to be awarded

I'm back in the office after two enjoyable days at the Internet Summit in Raleigh, NC. (I hadn't seen that many nerds since the family reunion on my dad's side.) Among the many good sessions was one about building your blog audience by making the blog more search friendly. The

Many forecasting software packages support hierarchical forecasting. You define the hierarchical relationship of your products and locations, create forecasts at one or more levels, and then reconcile the forecasts across the full hierarchy. In a top-down approach, you generate forecasts at the highest level and apportion it down to lower