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MARTIN VAN WUNNIK
  • BRUSSELS
  • Belgium
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MARTIN VAN WUNNIK's Page

Profile Information

Company:
WK1model
Seniority:
Manager, Consultant
Job Function:
Business Analytics, Predictive Modeling
Industry:
Management & Finance Consulting
LinkedIn Profile:
http://be.linkedin.com/in/arsima
Interests:
Networking, New Venture

MARTIN VAN WUNNIK's Blog

Get prediction intervals for your forecasts, with this easy to apply statistical model

Posted on December 26, 2011 at 3:39pm 0 Comments

WK1model

In the words of Dr. Chris Chatfield: Predictions are often given as point forecasts with no guidance as to their likely accuracy (and perhaps even with an unreasonable high number of significant digits implying spurious accuracy!).

 

Our paper sets forth a synergy of existing statistical theories to obtain a clear-cut model for calculating forecasts with prediction intervals, named the…

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