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And later that day, the Bank of England reduced its already diminished forecast for the British economy.
A diminished forecast from the Asian Development Bank and another weak economic number from China on Wednesday emphasized that the days of double-digit growth in Asia are a thing of the past as global economic turmoil and slowing momentum hobble the region's economies.
HONG KONG — A diminished forecast from the Asian Development Bank and another weak economic number from China on Wednesday emphasized that the days of double-digit growth in Asia are a thing of the past as global economic turmoil and slowing momentum hobble the region's economies.
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The company reported quarterly results that beat diminished forecasts but trimmed expectations looking forward, citing a slowing economy and lower orders.
It is also noted that the relative forecast accuracy enhancement diminishes for forecast lead-times beyond 20 time steps (hours).
It should be noted that heteroscedasticity is a strong factor that diminishes the forecast capabilities of the model.
At a time when everything is being cut, closed down, diminished and discontinued, the forecast for poetry is surprisingly fair.
As noted from Figure 3, the 1, 3, 5, and 7 day forecasts appear to capture the global trends in observed census counts, however as expected, locally the accuracy of our census forecasts diminishes as a function of the length of forecasts.
While I will be sending these people to these institutions or whatever, maybe not the same ones, my trust in their ability to analyze and figure it out and forecast is significantly diminished.
"We have diminished faith in Green Mountain's forecasting abilities following misses in two of the last four quarters," William Chappell at SunTrust Robinson Humphrey said in a note.
Both are flawed.The reliability of demand forecasts diminishes the longer their horizon.
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