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Course Outline
Challenges Facing Forecasters for Government Operations
- Customer Demand Planning
- Investor Uncertainty
- Economic Planning
- Seasonal Changes in Demand and Utilization
- Roles of Risk and Uncertainty
Time Series Forecasting for Government Analysis
- Seasonal Adjustment
- Moving Average
- Exponential Smoothing
- Extrapolation
- Linear Prediction
- Trend Estimation
- Stationarity and ARIMA Modeling
Econometric Methods (Causal Methods) for Government Applications
- Regression Analysis
- Multiple Linear Regression
- Multiple Non-Linear Regression
- Regression Validation
- Forecasting from Regression Models
Judgmental Methods for Government Decision-Making
- Surveys
- Delphi Method
- Scenario Building
- Technology Forecasting
- Forecast by Analogy
Simulation and Other Advanced Methods for Government Use
- Simulation Techniques
- Prediction Markets
- Probabilistic Forecasting and Ensemble Forecasting
Requirements
This course is an integral component of the Data Scientist skill set within the domain of Analytical Techniques and Methods, designed to enhance capabilities for government professionals.
14 Hours
Testimonials (2)
The exercises.
Elena Velkova - CEED Bulgaria
Course - Predictive Modelling with R
He was very informative and helpful.