Twenty-five years ago, the International Institute of Forecasters was established “to bridge the gap between theory and practice.” Its primary vehicle was the Journal of Forecasting and is now the International Journal of Forecasting. The Institute emphasizes empirical comparisons of reasonable forecasting approaches. Such studies can be used to identify the best forecasting procedures to use u...

It is possible to forecast the volume of CVEs released within a time frame with given prediction interval. For example, number published between now and year from can be 8% actual value. Different predictive algorithms perform well at different lookahead values other than 365 days, such as monthly, quarterly, half year. also estimate proportions that total belonging specific vendors, software, ...

Green’s study [Int. J. Forecasting (forthcoming)] on the accuracy of forecasting methods for conflicts does well against traditional scientific criteria. Moreover, it is useful, as it examines actual problems by comparing forecasting methods as they would be used in practice. Some biases exist in the design of the study and they favor game theory. As a result, the accuracy gain of game theory o...

Grey-markov forecasting model of traffic volume was founded by applying the model of GM (1,1) and Markov random process theory. The model utilizes the advantages of Grey-markov GM (1,1) forecasting model and Markov random process in order to discover the developing and varying tendency of the forecasting data sequences of traffic volume. The analysis of an example indicates that the grey-markov...

This paper introduced the feature of distribution network and rough set theory. The application in power system was elaborated, such as on load forecasting, fault diagnosis, system-state analysis and data mining. Then given an illustration that using RS attribute reduction algorithm obtain the correlative factors in distribution system load forecasting. These factors were input vector of neural...

Markov forecasting is a prediction method which the application in probability theory of Markov chain theory and method to study the change rules of the economic phenomenon and in order to predict the future situation. The purpose of this paper is to apply Markov chain theory to the actual market share analysis, it established Markov forecasting model of market share. This model was applied to ...

short-term traffic flow forecasting plays a significant role in the intelligent transportation systems (its), especially for the traffic signal control and the transportation planning research. two mainly problems restrict the forecasting of urban freeway traffic parameters. one is the freeway traffic changes non-regularly under the heterogeneous traffic conditions, and the other is the success...

The photonic component industry is a highly innovative industry with a large value chain. In order to ensure the growth of the industry much effort must be devoted to road mapping activities. In such activities demand and price evolution forecasting tools can prove quite useful in order to help in the roadmap refinement and update process. This paper attempts to provide useful guidelines in roa...

Long term power load has a big impact on the development of industry of power. The forecasting models of linear systems even a single forecasting model of the nonlinear systems can not forecast the long term power load greatly. In the study, the combined forecasting model of nonlinear systems including chaos and fractal was established to improve the accuracy of the forecast. First, the charact...

Using the game-theoretic framework for probability, Vovk and Shafer [10] have shown that it is always possible, using randomization, to make sequential probability forecasts that pass any countable set of well-behaved statistical tests. This result generalizes work by other authors, who consider only tests of calbration. We complement this result with a lower bound. We show that Vovk and Shafer...