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We study how retailers can use data aggregation and clustering to improve demand prediction. High accuracy in demand … retail setting involves predicting demand for hundreds of items simultaneously. Although some items have a large amount of …. DAC allows us to predict demand while optimally identifying the features that should be estimated at the (i) item, (ii …
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Recent research has found that macroeconomic survey forecasts of uncertainty exhibit several deficiencies, such as horizon-dependent biases and lower accuracy than simple unconditional uncertainty forecasts. We examine the inflation uncertainty forecasts from the Bank of England, the Banco...
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