Abstract
The article discusses a study that developed a forecasting method called SPIES (Subjective Probability Interval EStimates) which computes range forecasts from a series of probability estimates rather than from two point predictions, as well as the advantages of its application in business.
Original language | American English |
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Pages (from-to) | 2-4 |
Journal | Harvard Business Review |
State | Published - 19 May 2014 |
Keywords
- Business forecasting
- Forecasting methodology
- Probability theory