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- Forecast_bias abstract "A forecast bias occurs when there are consistent differences between actual outcomes and previously generated forecasts of those quantities; that is: forecasts may have a general tendency to be too high or too low. A normal property of a good forecast is that it is not biased.As a quantitative measure, the "forecast bias" can be specified as a probabilistic or statistical property of the forecast error. A typical measure of bias of forecasting procedure is the arithmetic mean or expected value of the forecast errors, but other measures of bias are possible. For example, a median-unbiased forecast would be one where half of the forecasts are too low and half too high: see Bias of an estimator.In contexts where forecasts are being produced on a repetitive basis, the performance of the forecasting system may be monitored using a tracking signal, which provides an automatically maintained summary of the forecasts produced up to any given time. This can be used to monitor for deteriorating performance of the system.".
- Forecast_bias wikiPageID "27890305".
- Forecast_bias wikiPageLength "1616".
- Forecast_bias wikiPageOutDegree "14".
- Forecast_bias wikiPageRevisionID "619773748".
- Forecast_bias wikiPageWikiLink Arithmetic_mean.
- Forecast_bias wikiPageWikiLink Bias_(statistics).
- Forecast_bias wikiPageWikiLink Bias_of_an_estimator.
- Forecast_bias wikiPageWikiLink Calculating_demand_forecast_accuracy.
- Forecast_bias wikiPageWikiLink Category:Bias.
- Forecast_bias wikiPageWikiLink Category:Statistical_forecasting.
- Forecast_bias wikiPageWikiLink Category:Supply_chain_analytics.
- Forecast_bias wikiPageWikiLink Consensus_forecast.
- Forecast_bias wikiPageWikiLink Demand_forecasting.
- Forecast_bias wikiPageWikiLink Expected_value.
- Forecast_bias wikiPageWikiLink Forecast_error.
- Forecast_bias wikiPageWikiLink Forecast_skill.
- Forecast_bias wikiPageWikiLink Optimism_bias.
- Forecast_bias wikiPageWikiLink Tracking_signal.
- Forecast_bias wikiPageWikiLinkText "Forecast Bias".
- Forecast_bias wikiPageWikiLinkText "Forecast bias".
- Forecast_bias wikiPageWikiLinkText "forecast bias".
- Forecast_bias hasPhotoCollection Forecast_bias.
- Forecast_bias wikiPageUsesTemplate Template:Biases.
- Forecast_bias wikiPageUsesTemplate Template:Portal.
- Forecast_bias subject Category:Bias.
- Forecast_bias subject Category:Statistical_forecasting.
- Forecast_bias subject Category:Supply_chain_analytics.
- Forecast_bias hypernym Differences.
- Forecast_bias type Analytic.
- Forecast_bias type Prejudice.
- Forecast_bias comment "A forecast bias occurs when there are consistent differences between actual outcomes and previously generated forecasts of those quantities; that is: forecasts may have a general tendency to be too high or too low. A normal property of a good forecast is that it is not biased.As a quantitative measure, the "forecast bias" can be specified as a probabilistic or statistical property of the forecast error.".
- Forecast_bias label "Forecast bias".
- Forecast_bias sameAs m.0ch2gw_.
- Forecast_bias sameAs Q5468157.
- Forecast_bias sameAs Q5468157.
- Forecast_bias wasDerivedFrom Forecast_bias?oldid=619773748.
- Forecast_bias isPrimaryTopicOf Forecast_bias.