Translations for „forecasting procedure“ in the English » German Dictionary

forecasting procedure N CTRL

Specialized Vocabulary

forecasting procedure

Prognoseverfahren nt

Monolingual examples (not verified by PONS Editors)

English

It is a judgmental forecasting procedure in form of an anonymous, written, multi-stage survey process, where feedback of group opinion is provided after each round.

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Despite an ability to replicate 20th century temperatures the computer models were untested against independent data, a prerequisite for validating a forecasting procedure.

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A typical measure of bias of forecasting procedure is the arithmetic mean or expected value of the forecast errors, but other measures of bias are possible.

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To evaluate the quality of "n" -step-ahead forecasts, the forecasting procedure in the previous section is employed to obtain the predictions.

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