quantitative forecasting techniques

quantitative forecasting techniques
Techniques used to forecast future trends, e. g. the demand for a product, based on manipulation of historical data. See causal quantitative models; naive quantitative methods Compare qualitative forecasting techniques

Big dictionary of business and management. 2014.

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  • forecasting — The art of estimating future demand for goods or services by anticipating how buyers are likely to react under given sets of conditions. See qualitative forecasting techniques; quantitative forecasting techniques …   Big dictionary of business and management

  • Quantitative behavioral finance — [cite web|url = http://www.pitt.edu/ caginalp/QuantitativeBehavioralFinanceJan2.pdf | title = Quantitative behavioral finance | month = January | year = 2007|format=PDF] is a new discipline that uses mathematical and statistical methodology to… …   Wikipedia

  • weather forecasting — Prediction of the weather through application of the principles of physics and meteorology. Weather forecasting predicts atmospheric phenomena and changes on the Earth s surface caused by atmospheric conditions (snow and ice cover, storm tides,… …   Universalium

  • naive quantitative methods — Techniques used to forecast future trends, e. g. the demand for a product, using historical data to calculate an average of past demand. When this data is plotted against time, it is known as a time series. It is usually assumed that a time… …   Big dictionary of business and management

  • Demand forecasting — is the activity of estimating the quantity of a product or service that consumers will purchase. Demand forecasting involves techniques including both informal methods, such as educated guesses, and quantitative methods, such as the use of… …   Wikipedia

  • Futures techniques — In the multi disciplinary field of futurology, futurologists use a diverse range of forecasting methods, including: Anticipatory thinking protocols Delphi method The Delphi method is a very popular technique used in Futures Studies. It was… …   Wikipedia

  • Telecommunications forecasting — All telecommunications service providers perform forecasting calculations to assist them in planning their networks.Farr R.E., Telecommunications Traffic, Tariffs and Costs – An Introduction For Managers, Peter Peregrinus, 1988.] Accurate… …   Wikipedia

  • Weather forecasting — weather forecaster redirects here. For other uses, see Weatherman (disambiguation). Forecast of surface pressures five days into the future for the north Pacific, North America, and north Atlantic ocean. Weather forecasting is the application of… …   Wikipedia

  • Earth Sciences — ▪ 2009 Introduction Geology and Geochemistry       The theme of the 33rd International Geological Congress, which was held in Norway in August 2008, was “Earth System Science: Foundation for Sustainable Development.” It was attended by nearly… …   Universalium

  • statistics — /steuh tis tiks/, n. 1. (used with a sing. v.) the science that deals with the collection, classification, analysis, and interpretation of numerical facts or data, and that, by use of mathematical theories of probability, imposes order and… …   Universalium

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