Spyros makridakis biography of mahatma

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Furthermore, their paper faced heavy criticism, with some claiming that Makridakis did not correctly utilize Box-Jenkins methodology.

So, in 1982, Makridakis et al. Hibon. 111–153. 10.1016/S0169-2070(00)00057-1. Journal of Forecasting. 679–688 . He was the founding chief editor of the Journal of Forecasting and the International Journal of Forecasting.

spyros makridakis biography of mahatma

Simple forecasting methods perform well and should be included as benchmarks in experiments;
2. So, the improvements become smaller and smaller the more time you spend on training.

The competition was followed by M5 and M6, and now they plan to have another one. MIT Sloan Management Review.

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After that, he joined New York University where he obtained a Ph.D. Spyros Makridakis. 10.1.1.154.9771.

  • Web site: M3-competition (full data). 10.1002/for.3980010202. Anil. etal.
  • Web site: Past Editors. 276–279.
  • The M-2 Competition: a real-time judgmentally based forecasting study. April 19, 2014. While I have my reservations about the competition itself, there were several curious findings, including the fact that ARIMA implemented by Hyndman & Khandakar (2008) performed on average better than ETS (Theta outperformed both of them), and that the more complex methods won the competition.

    It was also the first paper to show that the accuracy tends to increase on average with the increase of the computational time spent for training.

    This was followed with publication of results from three Makridakis Competitions: the M-competition in 1982, the M-2 competition in 1993, and the M-3 competition in 2000.

    Apart from organizing the Makridakis Competitions, Makridakis was one of the founders and the first editor-in-chief of the Journal of Forecasting and the International Journal of Forecasting, a publication of the International Institute of Forecasters (he was editor-in-chief from 1982 to 1987).

    Books and popular articles

    Makridakis is author of a number of books on forecasting and statistical techniques including:

  • Dance with Chance with Robin Hogarth and Anil Gaba (2010): The book is aimed at a general audience.

    451–476.