Word: forecasting
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...stopped, the scenario behind the highest-priced stock was the one the market deemed most likely. The traders got to keep their profits and won an additional dollar for every share of "stock" they owned that turned out to be the right sales range. Result: while HP's official forecast, which was generated by a marketing manager, was off 13%, the stock market was off only 6%. In further trials, the market beat official forecasts 75% of the time...
...that success, HP's business-services division ran a pilot last year with 14 managers worldwide, trying to determine the group's monthly sales and profit. The market was so successful (in one case, improving the prediction 50%) that it has since been integrated into the division's regular forecasts. Another division is running a pilot to see if a market would be better at predicting the costs of certain components with volatile prices. And two other HP divisions hope to be using markets to answer similar questions by the end of the year. "You could do zillions of things...
...that time frame will hold for the four-person search committee headed by Director of Athletics Robert Scalise and Senior Associate Athletic Director Patricia Henry, however, remains to be seen. Following former head coach Ronn Tomassoni’s resignation on May 14, 1999, a quick selection was also forecast before multiple finalists withdrew from their names from contention, delaying Mazzoleni’s appointment to the post until July...
...National Weather Service forecast a 60 percent chance of rain for this morning, but predicted showers will likely taper off in the afternoon. Two years ago, torrential rains dampened the ceremonies...
Before September, Brian Edwards was not high on the list of Harvard opponents’ concerns. In fact, he was probably way down at the bottom, below established threats like quarterback Ryan Fitzpatrick, wide receiver Rodney Byrnes, an ominous weather forecast and the possibility of running out of Gatorade...