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Use of the Normal Distribution in Calculating the Cost of Forecast Error

Thomas R. Willemain

Foresight: The International Journal of Applied Forecasting, 2007, issue 8, pages 25-26

Abstract: Tom reacts to Peter Catt’s article entitled “Assessing the Cost of Forecast Error; A Practical Example.” (Published in Issue 7 of Foresight) NOTE: This is one of 3 commentaries on Catt’s article. Copyright International Institute of Forecasters, 2007

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Handle: RePEc:for:ijafaa:y:2007:i:8:p:25-26