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Daily Archives: August 8, 2014

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Does My Forecast Suck? Calculate Your MAD to Find Out

Education, ForecastingBy Kenneth FickAugust 8, 2014Leave a comment

All budgets and forecasts are inherently inaccurate at the onset. Even the most freshly minted prediction of the future 2 minutes ahead have unknown inaccuracies that make it imprecise. Many people get confused with this and think that because a forecast can never be 100% accurate that it is useless. That is not the case. Financial…

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