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Chapter 4: Issues with Data Mining for Forecasting Application

4.1 Introduction

4.2 Technical Issues

4.2.1 Data Quality Issues

4.2.2 Data Mining Methods Limitations

4.2.3 Forecasting Methods Limitations

4.3 Nontechnical Issues

4.3.1 Managing Forecasting Expectations

4.3.2 Handling Politics of Forecasting

4.3.3 Avoiding Bad Practices

4.3.4 Forecasting Aphorisms

4.4 Checklist “Are We Ready?”

4.1 Introduction