Exact(2)
The institute, the research arm of PricewaterhouseCoopers's health care consulting practice, forecasts overall medical inflation of 6.5 percent in 2014 — down from the institute's estimate of 7.5 percent for this year.
In practice, forecasts and norms were largely unexpected and hence unable to effectively guide the urban development according to declared aims and programmes (Janssen-Janssen and Woltjer 2010).
Similar(58)
In conventional practice, forecasting confidence intervals can be very useful.
Best practice forecasting uses the same 30percent/50percent/70percentent probabilities as the budget, updated with new information.
In practice, forecasters look at forecasts a few days in advance and weather observations in just the previous days, so additional analyses, beyond the scope of this paper, would be required to evaluate the application of forecast data as heat alert triggers.
In practice, ensemble forecasts cannot account for every source of uncertainty, and many uncertainties are difficult to quantify accurately.
Figure 14 shows the forecasting performance of the seasonal, global, and time models in the cross-validation precipitation forecasting practice for the forecasting of precipitation changes during the period of 2001 2010.
Figure 13 shows the performance of the seasonal, global, and time models in the cross-validation precipitation forecasting practice for the forecasting of precipitation changes during the period of 2006 2010.
To evaluate the overall performances of these models in a region, Fig. 11 displays the performances of the seasonal, global, and naïve models in the track precipitation forecasting practice for the forecasting of precipitation changes during the period of 2006 2010.
Figure 12 shows the performance of the seasonal, global, and naïve models in the track precipitation forecasting practice for the forecasting of precipitation changes during the period of 2001 2010.
In the corporate practice technology forecasting often serves as a part of strategic and technology management in its operationalized and simplified form – as technological roadmaps.
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