Whereas quantitative refers to numeric and objective qualities that someone can measure, qualitative refers to subjective qualities that rely on opinion, observation or listening abilities.

In forecasting economic time series, statistical models often need to be complemented with a process to impose various constraints in a smooth manner. Systematically imposing constraints and retaining ...

Adaptive forecasting is a term used to describe several different methods of determining the likelihood of events occurring based on statistical data and variable analysis. These forecasting methods ...

As you will see, there are many techniques available for forecasting purposes, which makes it difficult for people to select the most appropriate technique. In fact, there is rarely one best technique ...

In this special guest feature, Geoff Birnes, SVP of Customer Engagement at Atrium, discusses how the CRM space is being completely altered by the introduction of machine learning, data analytics and ...

Accurately forecasting logistics requirements is crucial to the mission analysis phase of the military decisionmaking process, yet it is often overlooked by brigade combat team (BCT) logistics ...

Time series forecasts are used to predict a future value or a classification at a particular point in time. Here’s a brief overview of their common uses and how they are developed. Industries from ...

Decline curve analysis has been called the most commonly used and misused technique for forecasting future production and remaining reserves. This course will give the learner a better understanding ...