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Kostas Hatalis's Blog Posts Tagged 'intervals' (1)

Probabilistic Forecasting: Learning Uncertainty

The majority of industry and academic numeric predictive projects deal with deterministic or point forecasts of expected values of a random variable given some conditional information. In some cases, these predictions are enough for decision making. However, these predictions don’t say much about the uncertainty of your underlying stochastic process. A common desire of all data scientists is to make predictions for an uncertain future. Clearly then, forecasts should…

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Added by Kostas Hatalis on March 15, 2018 at 12:00pm — No Comments

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