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Getting the Right Picture
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Getting the Right Picture

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It is study of forecasting leaving the results for you

It is study of forecasting leaving the results for you

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Getting the Right Picture Getting the Right Picture Presentation Transcript

  • Aviation ForecastingGETTINGTHE RIGHTPICTURE By: Mohammed Salem Awad Consultant
  • OutlineAirline Forecasting ModelEvaluation of Forecasting ModelIATA Economic Analysis 20113 Years Data (Input)Head To Head AnalysisModel FairnessGetting The Right PictureContact12/9/2011 2
  • Airline Forecasting Model12/9/2011 3
  • Evaluation of ForecastingModel (R2 and T. S.) Evaluation Forecasting12/9/2011 4 R 2 = Coef. Of Determination T. S. = Tracking Signal
  • IATA Economic Analysis201112/9/2011 5
  • IATA Economic Analysis2011 ( 3 years period )12/9/2011 6
  • IATA Economic Analysis2011 ( 3 years period ) 3 Years Period12/9/2011 7
  • IATA Economic Analysis Vs ModelForecast, Head to Head Analysis12/9/2011 8
  • Model Fairness Since R2 > 80% AND -4 < T.S.< 412/9/2011 9
  • ComparisonGETTING THE RIGHT PICTURE12/9/2011 10
  • ContactMohammed Salem AwadConsultantTel: 736255814Email:smartdecision2002@yahoo.com12/9/2011 11