statistical forecast

statistical forecast

[stə′tis·tə·kəl ′fȯr‚kast]
(meteorology)
A weather forecast based upon a systematic statistical examination of the past behavior of the atmosphere, as distinguished from a forecast based upon thermodynamic and hydrodynamic considerations.
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Apart from the above elements, the Hemoglobinopathies Market research report provides a 360-degree view of the Hemoglobinopathies industry with geographic segmentation, statistical forecast and the competitive landscape.
The revenue management method initially adopted in the multifamily industry followed the statistical forecast model as a platform to determine the price.
The dull statistical forecast is no competition for these colourful but often groundless tales, so it gets adjusted.
Instead, a management team usually reviews and overrides the statistical forecast before giving the revised version its blessing as the official company projection of future demand.
According to the Labor Market Institute's statistical forecast, the greater Los Angeles area accounts for 52 percent of the urban transport employment in the state, and of this 35 percent is found within L.
For example, managers may formulate a judgemental forecast independently of the statistical forecast and then arrive at a compromise between the two, or they may ignore the statistical forecast so that the resulting forecast is purely judgemental, or they may use a statistical forecast as an anchor[18].
This may involve temporary reassignment of job duties for user and preparer personnel or filling in with temporary employees to free up time for statistical forecast development.
As an enhanced statistical forecast engine, LDS provides a better starting point than legacy solutions, freeing planners from correcting initial forecast outputs that are clearly unrealistic.
This report provides an overview of the country's fixed broadband market, highlighting significant players, access platforms and trends in the market coupled with a variety of insightful statistics and a statistical forecast into the future of broadband takeup.
A superior approach is the use of statistical forecasts as a starting point for seeding the budget.
0 allows organisations to generate statistical forecasts and model possible scenarios for their supply chain operations.

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