CHAPTER 4Basic Forecasting Statistics
Don't skip this chapter, and don't go looking for mass quantities of caffeinated beverages! This chapter is both condensed and specifically created for forecasting professionals. I promise you the value of your work will dramatically increase by using a few simple statistics. As you'll see, statistics is both relevant and extremely important to your understanding of forecasting and also for your career.
Statistics is a topic I avoided for many years during my academic and professional life. But it finally caught up with me, and I had to figure it out. The first book I tried to glean statistical meaning and methods from just about drove me nuts! Most "practical" a statistics books are written like textbooks. ...
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