Construct · 1 fields · 1 citations

forecast reconciliation: a standalone construct

One name. One construct. A landmark on the map.

● anchor · a standalone construct Nearest construct by meaning·not indexed
forecastreconciliation1 CONSTRUCTForecast reconciliationHYNDMAN · FORECASTING

A single standalone construct; nearby constructs are located against it in the Collider. Tap a field for its definition, unit, and measures.

Forecasting

adjusting forecasts at different levels of a hierarchy so that lower-level forecasts add up to higher-level ones.

In forecasting, forecast reconciliation refers to adjusting forecasts at different levels of a hierarchy so that lower-level forecasts add up to higher-level ones. This meaning comes from Hyndman (2011) in Computational Statistics & Data Analysis.[1]

Unit
Recovery means
Measured by

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Nearby constructs

hierarchy4 fields · 4 citationsjingle · one word, four constructsreconciliation2 fields · 2 citationsjingle · one word, two constructs

References

  1. Hyndman, R. J., Ahmed, R. A., Athanasopoulos, G., & Shang, H. L. (2011). Optimal combination forecasts for hierarchical time series. Computational Statistics & Data Analysis, 55(9), 2579-2589. https://doi.org/10.1016/j.csda.2011.03.006

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