Pareto Chart versus Sensitivity Analysis
- By Admin
- September 3, 2014
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The Basics of Pareto Charts A Pareto chart contains both a bar chart and a line graph. Individual values are represented in descending order by the bars, and the cumulative … Continue Reading →
The Pitfalls of Forecasting, Part 3
- By Admin
- September 3, 2014
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Heteroskedasticity Another common problem encountered in time-series forecasting is heteroskedasticity; that is, the variance of the errors increases over time. Figure 1 illustrates this case, where the width of the … Continue Reading →
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