Remove 2017 Remove Forecasting Remove Uncertainty
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Chart Snapshot: Fan Charts

The Data Visualisation Catalogue

A Fan Chart is a visualisation tool used in time series analysis to display forecasts and associated uncertainties. Each shaded area shows the range of possible future outcomes and represents different levels of uncertainty with the darker shades indicating higher levels of probability.

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Perform time series forecasting using Amazon Redshift ML and Amazon Forecast

AWS Big Data

Many businesses use different software tools to analyze historical data and past patterns to forecast future demand and trends to make more accurate financial, marketing, and operational decisions. Forecasting acts as a planning tool to help enterprises prepare for the uncertainty that can occur in the future.

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The trinity of errors in financial models: An introductory analysis using TensorFlow Probability

O'Reilly on Data

All models, therefore, need to quantify the uncertainty inherent in their predictions. Errors in analysis and forecasting may arise from any of the following modeling issues: using an inappropriate functional form, inputting inaccurate parameters, or failing to adapt to structural changes in the market. References. Thompson, L.S.

Modeling 210
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Our quest for robust time series forecasting at scale

The Unofficial Google Data Science Blog

by ERIC TASSONE, FARZAN ROHANI We were part of a team of data scientists in Search Infrastructure at Google that took on the task of developing robust and automatic large-scale time series forecasting for our organization. So it should come as no surprise that Google has compiled and forecast time series for a long time.

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Operational Finance in the Age of Covid-19: Time to Change the Basics?

Jet Global

Not only have finance teams had to close companies’ books remotely, but they’ve also been required to provide the insight and information needed for some extremely complex decision-making, and continuously plan and forecast for events with little or no historical context.

Finance 98
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Climate change predictions: Anticipating and adapting to a warming world

IBM Big Data Hub

According to the Geophysical Fluid Dynamics Laboratory of the US’s National Oceanic and Atmospheric Association (NOAA), “Climate models reduce the uncertainty of climate change impacts, which aids in adaptation.” Global Change Research Program, 2017. Copernicus, Jan. link resides outside ibm.com).

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Fitting Bayesian structural time series with the bsts R package

The Unofficial Google Data Science Blog

Forecasting (e.g. Time series data are having something of a moment in the tech blogs right now, with Facebook announcing their "Prophet" system for time series forecasting (Taylor and Letham 2017), and Google posting about its forecasting system in this blog (Tassone and Rohani 2017).