Types of Forecast Errors and Their Implications

Kolja Johannsen

Foresight: The International Journal of Applied Forecasting, 2025, issue 78, 20-25

Abstract: A discussion of forecast error metrics which categorizes four types of forecast errors, explains why differentiating them matters, and provides strategies on how to respond to them. Copyright International Institute of Forecasters, 2025

Date: 2025
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