Practical Business Forecasting / Edition 1

Practical Business Forecasting / Edition 1

by Michael K. Evans, Chris Evans
     
 

Stressing the concrete applications of economic forecasting, Practical Business Forecasting is accessible to a wide-range of readers, requiring only a familiarity with basic statistics. The text focuses on the use of models in forecasting, explaining how to build practical forecasting models that produce optimal results. In a clear and detailed format, the textSee more details below

Overview

Stressing the concrete applications of economic forecasting, Practical Business Forecasting is accessible to a wide-range of readers, requiring only a familiarity with basic statistics. The text focuses on the use of models in forecasting, explaining how to build practical forecasting models that produce optimal results. In a clear and detailed format, the text covers estimating and forecasting with single and multi- equation models, univariate time-series modeling, and determining forecasting accuracy. Additionally, case studies throughout the book illustrate how the models are actually estimated and adjusted to generate accurate forecasts. After reading this text, students and readers should have a clearer idea of the reasoning and choices involved in building models, and a deeper foundation in estimating econometric models used in practical business forecasting.

Data and models are are available at: http://www.blackwellpublishing.com/evans/

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Product Details

ISBN-13:
9780631220657
Publisher:
Wiley
Publication date:
05/13/2002
Pages:
528
Product dimensions:
1.13(w) x 10.00(h) x 7.00(d)

Related Subjects

Table of Contents

Acknowledgments
Preface
1Choosing the Right Type of Forecasting Model3
2Useful Tools for Practical Business Forecasting29
3The General Linear Regression Model67
4Additional Topics for Single-equation Regression Models100
5Forecasting with a Single-equation Regression Model145
6Elements of Univariate Time-series Methods187
7Univariate Time-series Modeling and Forecasting225
8Combining Forecasts273
9Building and Presenting Short-term Sales Forecasting Models311
10Methods of Long-term Forecasting355
11Simultaneous-equation Models403
12Alternative Methods of Macroeconomic Forecasting443
Index485

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