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Business and Economic Forecasting Unit - Consulting

 

Our Comparative Advantage

  • Our senior staff have international reputations for their research in the area of business forecasting. They have acquired an extensive knowledge of the practical needs of business from active engagement in statistical consulting, and have taught courses for many years in forecasting in both Australian and US universities.
  • The methodology devised by Rob Hyndman, Ralph Snyder and Simone Grose, together with Ann Koehler of Miami University (Ohio), achieved fourth place in a recent forecasting competition conducted by the International Institute of Forecasters. On seasonal data, their method achieved first place against a field that included the top US forecasting packages. [Abstract of paper]
  • Rob Hyndman is a co-author of the largest selling forecasting book in both North America and the rest of the world, and has received an excellence in teaching award from Monash University students.