The Pitfalls of Forecasting, Part 2

  • By Admin
  • August 27, 2014
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As noted in “The Pitfalls of Forecasting, Part 1,” forecasting is a balance between art and science. Using Risk Simulator can take care of the science, but it is almost … Continue Reading →

The Pitfalls of Forecasting, Part 1

  • By Admin
  • August 27, 2014
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Regression Assumptions The following six assumptions are the requirements for a regression analysis to work: The relationship between the dependent and independent variables is linear. The expected value of the … Continue Reading →

The Pitfalls of Forecasting, Part 4

  • By Admin
  • August 18, 2014
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Scatter Plots and Behavior of the Data Series (continued) As noted in “The Pitfalls of Forecasting, Part 3,” other than being good modeling practice to create scatter plots prior to … Continue Reading →