Conclusion and Comparing Results Sample Clauses

Conclusion and Comparing Results. In this chapter we generated forecast for consumption of steel in Norway in 2010 based on the historical data from 1997 to 2006. We implemented two approaches: moving average and linear regression. A brief review of methods was described. The challenge to make a forecast was the lack of data for years 2007-2008. Therefore, we decided to assume the forecasted values for 2007-2009 as the real data. The results of forecasts are summed up in the table below: Forecasted Year Moving average 3- period Moving average 5- period Linear Regression 2010 1593.33 1564.8 1343.92 Table 9-6 Forecasting results by moving average and linear regression Type of Error Moving average 3- period Moving average 5- period Least Square Method MAD 152.53 157.35 198.66 MSE 56033.13 53983.35 58446.35 MAPE 10.45% 9.86% 13.20% Based on MAPE results we will recommend the moving average 5-period method as the most accurate forecasting technique in this case. Thus, the estimation of steel demand in Norway for 2010 is 1564.8 thousands of metric tons which mean 1,564,800 tons.
Sample 1

Related to Conclusion and Comparing Results

  • Evaluation and Comparison of Tenders 2.24.1 The Procuring entity will evaluate and compare the tenders which have been determined to be substantially responsive, pursuant to paragraph 2.22 2.24.2 The tender evaluation committee shall evaluate the tender within 30 days of the validity period from the date of opening the tender. 2.24.3 A tenderer who gives false information in the tender document about its qualification or who refuses to enter into a contract after notification of contract award shall be considered for debarment from participating in future public procurement.

  • Quantitative Analysis Quantitative analysts develop and apply financial models designed to enable equity portfolio managers and fundamental analysts to screen potential and current investments, assess relative risk and enhance performance relative to benchmarks and peers. To the extent that such services are to be provided with respect to any Account which is a registered investment company, Categories 3, 4 and 5 above shall be treated as “investment advisory services” for purposes of Section 5(b) of the Agreement.”

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  • BID TABULATION AND RESULTS Bid tabulations shall be available thirty (30) days after opening on the Orange County website at: xxxx://xxxx.xxxx.xxx/orangebids/bidresults/results.asp or upon notice of intended action, whichever is sooner.

  • Results The five values obtained shall be arranged in order and the median value taken as the result of the measurement. This value shall be expressed in Xxxxxx per centimetre of width of the tape.

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  • Independent Analysis Each Party hereby confirms that its decision to execute this Agreement has been based upon its independent assessment of documents and information available to it, as it has deemed appropriate.

  • Statement of Operations Statement of Changes in Net Assets.

  • Statements of Reconciliation after Change in Accounting Principles If, as a result of any change in accounting principles and policies from those used in the preparation of the Historical Financial Statements, the consolidated financial statements of Holdings and its Subsidiaries delivered pursuant to Section 5.1(b) or 5.1(c) will differ in any material respect from the consolidated financial statements that would have been delivered pursuant to such subdivisions had no such change in accounting principles and policies been made, then, together with the first delivery of such financial statements after such change, one or more statements of reconciliation for all such prior financial statements in form and substance satisfactory to Administrative Agent;

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