Course Outline

Challenges Facing Forecasters for Government

  • Customer Demand Planning
  • Investor Uncertainty
  • Economic Planning
  • Seasonal Changes in Demand/Utilization
  • Roles of Risk and Uncertainty

Time Series Forecasting for Government

  • Seasonal Adjustment
  • Moving Average
  • Exponential Smoothing
  • Extrapolation
  • Linear Prediction
  • Trend Estimation
  • Stationarity and ARIMA Modeling

Econometric Methods (Causal Methods) for Government

  • Regression Analysis
  • Multiple Linear Regression
  • Multiple Non-Linear Regression
  • Regression Validation
  • Forecasting from Regression

Judgmental Methods for Government

  • Surveys
  • Delphi Method
  • Scenario Building
  • Technology Forecasting
  • Forecast by Analogy

Simulation and Other Methods for Government

  • Simulation
  • Prediction Market
  • Probabilistic Forecasting and Ensemble Forecasting

Requirements

This course is part of the Data Scientist skill set for government (Domain: Analytical Techniques and Methods).

 14 Hours

Number of participants


Price per participant

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