Sentence examples for individual forecast from inspiring English sources

Impact of individual forecast variables on ET0 forecasts were also evaluated.

Uncertainty and demographics As a first measure of individual forecast uncertainty I consider the inter-quartile range.

This also suggests the possibility to design mixtures of different models, which could potentially be more informative than any of the individual forecast models taken alone.

As individual forecast of the magnitude does not differ from each other for different modeled sequences, if the forecast spread is obtained in the same manner as the occurrence time, this would yield an underestimation for the forecast spread.

For the jth modeled sequence, we calculated sigma_{I - 1}^{j} = sqrt {sumlimits_{i = 1}^{I - 1} {(T_{i}^{j} } - T_{i}^{rm obs} )^{2} /(I - 1)} (6 where T i j is individual forecast of the occurrence time of the ith event in the jth sequence, and T i obs is the observed occurrence time of the ith event.

The fundamental concept is that if the errors in the forecasts produced by different methods are unbiased and have a low degree of correlation with each other, the random errors from the individual forecasts will tend to offset each other, with the result that a composite of the forecasts will have lower errors than any individual forecast.

Moreover, some individual forecasts look over-optimistic.

The "central tendency" of policy makers' individual forecasts calls for economic growth in 2008 of 1.8percentto2.5percentcent.

My colleague Nate Silver, whose book on prediction comes out later this year, has found that a simple average of well-known economic forecasts is substantially more accurate than individual forecasts.

With that said, consensus forecasts are better than individual forecasts, and I am certainly not claiming that I could do any better myself.

That is because it is an amalgam of individual forecasts from each of the Fed's 12 regional banks and from each of 7 Fed governors.