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How to Increase your Forecast Accuracy ?>

How to Increase your Forecast Accuracy

Humans are unpredictable

Forecasters do their best. They use complex mathematical models, they fit the data with the best technique. They consider the largest possible number of variables. But remember: no one can predict the human behavior.

We find tendency, the most likely way. But no prediction is perfect. Do not trust blindly any data.

Knowing the future you already changed it

Once you know what may happen, there is a tendency to: go to that way or avoid it. This is an instinctive natural process.… Read