The accuracy of weather forecasts produced by AI models beat meteorologists’ contemporary methods. But how they work is a bit ...

Alongside accounting basics, understanding the different financial forecasting models and how to implement the model that’s right for your startup’s business plan is absolutely essential. Neither is ...

Q. I use Excel to do traditional linear forecasting, but I would like to upgrade to exponential smoothing for more accurate forecasts. Is there a way to do this in Excel? A. Accurate forecasting is ...

Time series forecasts are used to predict a future value or a classification at a particular point in time. Here’s a brief overview of their common uses and how they are developed. Industries from ...

Sales forecasting—estimating the future sales of products or services based on historical data, market trends and other relevant factors—is important for any organization. According to Aberdeen, 97% ...

An international research group has developed a novel intraday probabilistic forecast method for surface solar radiation. The new methodology, dubbed SolarSTEPS, is reportedly the first probabilistic ...

In today’s rapidly evolving business landscape, the ability to accurately forecast sales is more critical than ever. Yet, traditional sales forecasting methods are increasingly proving inadequate, as ...

Forecasting a macroframework, which consists of many macroeconomic variables and accounting identities, is widely conducted in the policy arena to present an economic narrative and check its ...

The Federal Reserve is stuck in a mode of forecasting and public communication that looks increasingly limited, especially as the economy keeps delivering surprises. The issue is not the forecasts ...