futurology‚ is the science‚ art and practice of guessing possible‚ probable and preferable futures. That’s why modern practitioners stress the importance of alternative and plural futures‚ rather than one monolithic future‚ and the limitations of prediction and probability‚ versus the creation of possible and preferable futures. It is used for forecasting future for the better planning for the long period of time. There is a debate as to whether this discipline is an art or science. In general‚ it
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Armed with this knowledge‚ a large proportion of customer churn can be eliminated. While simple in theory‚ the realities involved with achieving this “proactive retention” goal are extremely challenging. The Difficulty of Predicting Churn Churn prediction modeling techniques attempt to understand the precise customer behaviors and attributes which signal the risk and timing of customer churn. The accuracy of the technique used is
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"I have seen the future and it is very much like the present‚ only longer." says Kehlog Albran in his book The Profit. This pseudo-philosophy is actually a concise description of forecasting‚ the science of predicting future events. From an operational point of view‚ market opportunities are the driving force behind production decisions and these opportunities are compiled in the form of demand forecasting which then provides the input for planning production: process design‚ capacity planning‚ aggregate
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In terms of political micro-targeting‚ explain the following sentence: It is never possible to have all of the information required to make 100 percent accurate predictions. Simply put‚ you cannot one hundred percent predict the future. It is impossible to collect the amount of necessary data to without chance of error make a prediction. This is even more true when considering politics and voters‚ humans are impossible to predict. The decision is left completely up to voters and they decide who to
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predict financial distress | - RSVM is significantly better than the traditional statistical methods and machine learning techniques when they are applied to prediction of corporate financial distress. | - The first issue for future research relates to a structured method of selecting an optimal value of parameters in RSVM for the best prediction performance-Secondly‚ the results from the study should be generalized. Our study only uses one chosen
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Delayed Branch A technique for minimizing the effect of control dependencies is to separate the point where the branch operation takes effect from the branch tests. The branch instruction performs a test on a branch condition. If the test succeeds‚ the PC is modified‚ but the modification does not take effect immediately. This delayed branch allows one or more instructions following the branch to be executed in the pipeline whether the branch is taken or not. In the MIPS CPU‚ the branch operation
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Observation: a noticeable event that has been witnessed. * * Question: a question attempts to explain the observation ex: why is this happening. * * Hypothesis: a statement made to predict the solution and outcome. * * Prediction: based on the hypothesis‚ indicates the outcome. It is an IF-THEN statement. * * Conclusion: details the findings of the testing. What happened when you tested your theory? * * Results: the result is tied back to the hypothesis
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Does Palm Reading Actually Work? Palm reading has been around since as early as 2000 B.C. when it was introduced in China. We have all seen the small stands in urban areas‚ usually advertising “Your future for only $5‚ have your palm read today!” How many of us actually stop is a completely different story. Most people through deductive reasoning decide that looking into the future and predicting it accurately is impossible‚ even with the use of a person’s hand. However‚ thousands of people make
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Market 12 Culture 12 Internal 13 R&D 13 Key Learning 15 Outcome/Conclusion 16 References 16 Introduction The KDD-CUP-98 challenge is related to creation of a model trained and tested on historical data and capable of providing a prediction on the potential donors so as to maximise profit . It will provide a good mailing list so as to target only valuable customers . Typically the existing models predict future response behaviour . The historical database has information about mailing
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the current accounting earnings together with predictions of future earnings provide insight into the firm’s dividend-paying ability‚ that is‚ shareholders’ expectations of future dividends. The third link uses the expectations of future dividends to determine the present value of the future dividends‚ which ultimately represents the stock returns. So all in all‚ the three-links theory uses the current accounting earnings as a basis for prediction of future earnings‚ which then indicates the expectation
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