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A Simple Tool for Making Better Forecasts.
- Source :
- Harvard Business Review Digital Articles; 5/19/2014, p2-4, 3p
- Publication Year :
- 2014
-
Abstract
- The article discusses a study that developed a forecasting method called SPIES (Subjective Probability Interval EStimates) which computes range forecasts from a series of probability estimates rather than from two point predictions, as well as the advantages of its application in business.
- Subjects :
- FORECASTING methodology
BUSINESS forecasting
PROBABILITY theory
Subjects
Details
- Language :
- English
- Database :
- Complementary Index
- Journal :
- Harvard Business Review Digital Articles
- Publication Type :
- Periodical
- Accession number :
- 118647300