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Source: own calculation based on forecasts in the literature review.
Long-term elasticity is based on 10-year rolling period from 1960-1970 to 2005-2015 (2015 is based on forecasts).
When models are designed for prediction, model selection should be based on forecast accuracy.
Objective: We estimated heat mortality associations based on forecast and observed weather data in Detroit, Michigan, and compared the accuracy of forecast products for predicting heat waves.
Long-term contracts were based on economic forecasts about the price of power that reflected the unit's earnings targets, rather than objective data, according to an economist at Enron Energy Services.
The Transit Response On Friday morning, top managers at New York City Transit gathered for a ritual that occurs every weekday from November through April: to make a decision, based on weather forecasts, about whether to put in place precautionary measures in the case of a winter storm.
Looking beyond the very short-term, we found that combining the method based on weather forecasts with the Holt-Winters' adaptation resulted in forecasts that outperformed all other methods beyond about an hour ahead.
The prediction is based on Office for Budget Responsibility OBRR) forecasts for wage growth.
"The market is very efficient at pricing stocks based on analysts' forecasts," Mr. Foreman said.
Buying a home based on price forecasts is risky.
Based on his forecasts, there's a 21percentt chance Sanders could win Iowa.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com