ADAPTIVE FILTERING: A CRITICAL ASSESSMENT

A forecasting procedure called adaptive filtering (AF) is reexamined. The theoretical foundations of the method have been questioned by several authors, and further difficulties are discussed. In addition, the G.E.P. Box-G. M. Jenkins airline data are reanalysed and, contrary to the claims of S. Makridakis and S. C. Wheelwright, it is shown that AF does not compare favourably with other forecasting methods. In view of the theoretical and practical difficulties, the routine use of AF in business forecasting is not recommended. This work is pertinent to airline passenger data.

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  • Corporate Authors:

    Pergamon Press, Incorporated

    Maxwell House, Fairview Park
    Elmsford, NY  USA  10523
  • Authors:
    • CHATFIELD, C
  • Publication Date: 1978-9

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  • Accession Number: 00190387
  • Record Type: Publication
  • Source Agency: Engineering Index
  • Files: TRIS
  • Created Date: Mar 28 1979 12:00AM