Product Description

Can You Predict the Future by Looking at the Past? Since accurate forecasting requires more than just inserting historical data into a model, Forecasting: Methods and Applications, 3/e, adopts a managerial, business orientation. Integrated throughout this text is the innovative idea that explaining the past is not adequate for predicting the future. Inside, you will find the latest techniques used by managers in business today, discover the importance of forecasting and learn how it′s accomplished. And you′ll develop the necessary skills to meet the increased demand for thoughtful and realistic forecasts. New features in the third edition include:
∗ An emphasis placed on the practical uses of forecasting.
∗ All data sets used in this book are available on the Internet.
∗ Comprehensive coverage provided on both quantitative and qualitative forecasting techniques.
∗ Includes many new developments in forecasting methodology and practice.

Product Details

• Amazon Sales Rank: #47667 in Books
• Published on: 1998-01-16
• Original language: English
• Number of items: 1
• Binding: Hardcover
• 656 pages

From the Back Cover
Can You Predict the Future by Looking at the Past? Since accurate forecasting requires more than just inserting historical data into a model, Forecasting: Methods and Applications, 3/e, adopts a managerial, business orientation. Integrated throughout this text is the innovative idea that explaining the past is not adequate for predicting the future. Inside, you will find the latest techniques used by managers in business today, discover the importance of forecasting and learn how it′s accomplished. And you′ll develop the necessary skills to meet the increased demand for thoughtful and realistic forecasts. New features in the third edition include:
∗ An emphasis placed on the practical uses of forecasting.
∗ All data sets used in this book are available on the Internet.
∗ Comprehensive coverage provided on both quantitative and qualitative forecasting techniques.
∗ Includes many new developments in forecasting methodology and practice.

Customer Reviews

Bible of Forecasting
An excellent text that starts from the very basics and goes through the latest methods. Also, because it avoids linear algebra where it can it is very readable by the non-mathematicians. However, mathematically strong readers should find it very useful since it states in plain English the intuition behind each method. Note, that I had been puzzled by the first review of this text especially about the Greek alphabet which although it would have been no problem still was misleading about the level of difficulty. A GREAT TEXT AND A MUST FOR INITIATION IN FORECASTING and even contains basic resources for the first time student of forecasting. I think no more than a standard introductory course in statistics is needed to go through the material.

A Simple and Useful Text-book for Non-Mathematicians
This is a great book to start you off in forecasting. Spyros Makridakis proves again that he can present his excellent ideas in a simple way, making them intelligible for students of different levels (the only prerequisite is your knowledge of simple math). So, whether you new in forecasting or you want to brush up your knowledge -- this book is an ultimate choice.

Forecasting for everyone
As the forecasting is a very complex problem and not that easy to handle, I found this book as one of the best written on the topic. However, the excellent structure and selection of samples included in, gives one the opportunity for easy following and better understanding.