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arXiv (Cornell University)
Censored Data Forecasting: Applying Tobit Exponential Smoothing with Time Aggregation
2024
This study introduces a novel approach to forecasting by Tobit Exponential Smoothing with time aggregation constraints. This model, a particular case of the Tobit Innovations State Space system, handles censored observed time series effectively, such as sales…
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Statistics

Study of collection and analysis of data

Statistics (from German: Statistik , orig. "description of a state, a country") is the discipline that concerns the collection, organization, analysis, interpretation, and presentation of data. In applying statistics to a scientific, industrial, or social problem, it is conventional to begin with a statistical population or a statistical model to be studied. Populations can be diverse groups of people or objects such as "all people living in a country" or "every atom composing a crystal". Statistics deals with every aspect of data, including the planning of data collection in terms of the design of surveys and experiments.

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arXiv (Cornell University)
Censored Data Forecasting: Applying Tobit Exponential Smoothing with Time Aggregation
2024
This study introduces a novel approach to forecasting by Tobit Exponential Smoothing with time aggregation constraints. This model, a particular case of the Tobit Innovations State Space system, handles censored observed time series effectively, such as sales data, with known and potentially variable censoring levels over time. The paper provides a comprehensive analysis of the model structure, including its representation in system equations and the optimal recursive estimation of states. It also explores the ben…
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