Activity for Stephan Kolassa
| Type | On... | Excerpt | Status | Date |
|---|---|---|---|---|
| Edit | Post #278588 | Initial revision | — | over 3 years ago |
| Answer | — |
A: Using maximum of forecasted values to forecast maximum No, you likely won't get there from where you are. (But see below.) When you write that your (point) forecasts are "good enough to forecast actual sales values", they are likely aiming at central tendencies, like expected future sales, or median future sales, or the (-1)-median of future sales. ... (more) |
— | over 3 years ago |
| Comment | Post #278141 |
The keyword to search for is "[order statistics](https://en.wikipedia.org/wiki/Order_statistic)". Searching for "order statistics dice" or similar gets us a thread at CrossValidated, [Relevancy of order statistics to the roll-and-keep dice mechanic?](https://stats.stackexchange.com/q/32309/1352) I th... (more) |
— | over 3 years ago |