OpenLink Software

About: Forecast by analogy     Permalink

an Entity references as follows:

Forecast by analogy is a forecasting method that assumes that two different kinds of phenomena share the same model of behaviour. For example, one way to predict the sales of a new product is to choose an existing product which "looks like" the new product in terms of the expected demand pattern for sales of the product. "Used with care, an analogy is a form of scientific model that can be used to analyze and explain the behavior of other phenomena." According to some experts, research has shown that the careful application of analogies improves the accuracy of the forecast.

QRcode icon
QRcode image
Graph IRICount
http://dbpedia.org32 triples
Faceted Search & Find service v1.17_git139

Alternative Linked Data Documents: ODE     Raw Data in: CXML | CSV | RDF ( N-Triples N3/Turtle JSON XML ) | OData ( Atom JSON ) | Microdata ( JSON HTML) | JSON-LD    About   
This material is Open Knowledge   W3C Semantic Web Technology [RDF Data] This material is Open Knowledge Creative Commons License Valid XHTML + RDFa
This work is licensed under a Creative Commons Attribution-Share Alike 3.0 Unported License.
OpenLink Virtuoso version 08.03.3330 as of Mar 19 2024, on Linux (x86_64-generic-linux-glibc212), Single-Server Edition (61 GB total memory, 49 GB memory in use)
Copyright © 2009-2024 OpenLink Software