Sentence examples for forecasts are estimated from inspiring English sources

The optimal model parameters used for the forecasts are estimated by fitting the model to the observation records up to the starting time of the forecasting period, and the probabilities of earthquake occurrences are obtained through simulations.

The mean absolute prediction error (MAPE) for 1, 3, 5, and 7 day forecasts were estimated to be 2.00, 3.44, 4.35, and 5.12 respectively.

Forecasts were estimated by applying statistical analyses, such as descriptive analysis, but also multivariate logistic regression and log-linear analysis [ 15- 20].

5.3 Sales Forecast The Bottlecap's sales forecast was estimated by breaking down each day we are open into hours, and then estimating the number of beers we will sell during those hours.

Of course, however they are estimated, employment forecasts need to include both negative effects (losses) and positive ones (gains).

Natural gas and furnace oil price predictions are estimated using forecasts obtained from Sproule Associates Incorporated [32].

The mortality forecasts of the LC model are estimated with the R-package demography of Hyndman et al. (2015), which requires death rates and exposures by age and time, arranged in a demogdata object, as input.

In this approach one would divide the data into three: (i) for fitting process, where the coefficients are estimated, (ii) forecasting process, where future values are calculated using the predicted values, and the goodness of fit statistics will typically be used in the model selection and (iii) for validation process, to ensure that the model does not behave erratically.

Thereafter the capital and operating costs for the FCSTT are estimated, with forecast cash flows based on assumed traffic volumes and competitive handling rates.

The expectation and variance of the spot forecast error are estimated by SBL.

Based on the Global Forest Products Model and other forecasting tools, trends were estimated in the production and consumption of woodfuel, industrial roundwood, sawnwood, panel products and printing and writing paper.