The Models for Point (Deterministic) Forecasting
The Union of Credit Organizations of RA organized a two-day training on the Models of Point (Deterministic) Forecasting topic for the employees from analysis department of UCORA member credit organizations. The training was conducted by the manager of programs of UCORA Lena Mamikonyan. Six employees from Union member three credit organizations participated in the training.
In general, the training was practical. During the training the participants learnt the following models for deterministic forecasting: linear and non-linear trend forecasts, structural variation models, seasonal forecasts using dummy variables, seasonal forecasts using harmonic regressions, moving average for seasonal forecasts, cyclical forecasts using harmonic regressions and moving average for cyclical forecasts.
