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|English to German translations [PRO]|
|English term or phrase: density forecast|
|"In contrast to a point forecast, which by itself contains no information about the associated uncertainty, a density forecast provides a full picture of the possible values that a variable might take at some future point in time. In other words, a density forecast of a random variable is a forecast of the entire conditional probability distribution of this variable for a future point in time."|
Can anyone help with this economic term? Thanks in advance!
Voraussage über die Ausprägungswahrscheinlickeit
Die Voraussage wird verbunden mit einer Aussage über die Wahrscheinlichkeit, dass die bestimmte Variable einen bestimmten Wert annehmen wird.
(eigene Erfahrung als Statistikerin)
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