Sentence examples for unbiased forecast from inspiring English sources
The processes generating the biased forecasts, though, are less variable than the process generating the unbiased forecast.
We find that most are able to properly use unbiased forecasts.
Linking market outcomes and traders' abilities, we find that asset price appears to properly reflect unbiased forecasts as long as the market includes at least two smart informed traders who have sufficient ability to influence market outcomes.
Results show that both techniques are successful in producing reliable and unbiased ensemble forecast, however, the COP-EPP demonstrates considerable improvement in the ensemble forecast in both deterministic and probabilistic verification, in particular in characterizing the extreme events in wet seasons.
In other words, entrepreneurs are neither maximizing their income, nor their utility because they cannot make unbiased income forecasts.
Importantly, then, both our results and those of resume audit studies are best interpreted as estimates of how employers react to resumes, where those reactions include both employer tastes and forecasts (whether biased or unbiased) of future productivity based on observable features of the resume.
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.
Li and Li (2015) used an unbiased GM (1,1) based GMF in also forecasting construction accidents.
Accordingly, a variety of statistical techniques have been designed for postprocessing raw ensemble forecasts to yield more nearly unbiased and correctly calibrated predictive distributions.
Persistent bias models are most often used to propagate the bias estimate, where the a priori forecast bias error covariance is calculated as a constant fraction of the unbiased a priori state error covariance.
