standard error of the forecast

standard error of the forecast

[¦stan·dərd ¦er·ər əvthē ′fȯr‚kast]
(statistics)
Standard deviation of the estimate (point or interval) of a dependent variable for a given value of an independent variable.
References in periodicals archive ?
ift] = Standard error of the forecast for security i in period t in the event period.
The standard error of the forecast can then be used in the calculation of the standardized abnormal return.
In an analysis of the period since 1986, the standard error of the forecast produced in the Spring (budget time until 1993) is higher than that produced in the previous January.
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