Sentences with phrase «forecast uncertainty»

Further, for our main measures (inflation, home price changes, and earnings growth) we also report the time series of forecast uncertainty.
In the instance you mention, it may be an admirable goal to dramatically reduce forecast uncertainties, but it is irresponsible to promise this.
Consumers» expectations and forecast uncertainty for overall inflation and home price growth, and expected price changes for key commodities
«Even though hurricane forecasts are costly and have a high impact on health and safety, there has been little research demonstrating how to depict forecast uncertainty to the general public effectively,» said Padilla.
Intensity forecast uncertainties have consequences and not just forcing beachgoers out of the waves early.
Such is the nature of seasonal climate forecasting when there is enough forecast uncertainty that «busts» can and do occur.
For example, a storm embedded in a confluent large - scale flow (i.e. one whose streamlines tend to converge) will generally have less directional track forecast uncertainty, though the timing of the progress of the storm along its track may suffer.
The forecasters failed to communicate the level of forecast uncertainty and did not change the forecast rapidly enough over New York when it was clear the storm was moving farther offshore.
One interesting finding — consistent with our prior research — is that forecast uncertainty about inflation is significantly higher for low education, low income, low numeracy respondents.
We would strongly recommend that a risk adjustment again be included; that it increase over time given the forecasting uncertainties; that it be shown separately and not as an adjustment to nominal GDP; and finally, that if not required to offset the adverse impact of adverse economic developments on the deficit projections, that it be used to reduce the federal debt and not to finance new policy initiatives.
Limited visibility on the amount of capacity in upcoming auctions in some markets present a forecast uncertainty, the IEA adds.
This is the kind of flexibility conventional generators have which allows utilities, by altering the level of their output, to accommodate the forecast uncertainty and variability of non-dispatchable renewable generation.
In recent years, statistical models have been used to derive probabilistic assessments of forecast uncertainty.
We pioneer methods to quantify the forecast uncertainty and provide a probabilistic forecast.
So a probability forecast conveys a message which explicitly reminds the user that there is always a forecast uncertainty which should be considered, computed and taken into account when making any practical use of the forecast.
To allow for track or forecast uncertainties, usually several model runs with varying input parameters are generated to create a map of MOMs, or Maximum of Maximums.
Despite the disruption caused by Bitcoin Gold and the forecast uncertainty from SegWit2x, Bitcoin is still in an optimal position to lead another rally.
What They Do: «BroadPath assists health plans and providers cope with surges in workload, operational volatility, and forecast uncertainty
«BroadPath assists health plans and providers cope with surges in workload, operational volatility, and forecast uncertainty
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