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We reward good forecasts with better scores and post the names of the best forecasters on an online leaderboard.
Armed with vast data sets produced by tech firms, microeconomists can produce startlingly good forecasts of human behaviour.
Using ECMWF, my company CFAN has been able to provide good forecasts of the general region for tracking out to 10 days (e.g. open Atlantic versus GOM).
The best these other organizations can usually hope for is that analysts will view them as good forecasts of the Labor Department's closely watched report.
The best these other organizations can usually hope for is that analysts will view them as good forecasts of the closely watched report by the Bureau of Labor Statistics.
"We can't really tell good forecasts from the bad ones" until the surprises arrive, Stein says.
Similar(48)
"Plus," he added, "we have a not very good forecast for Saturday afternoon".
The good forecast for his future begins with a jump shot and range to celebrate.
His mood was particularly high after a good forecast from the weatherman.
"If we're within a few degrees, that's a good forecast.
It's difficult to make a good forecast in a postbubble environment".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com