Description:
This application is a generic forecasting application , that can forecast every aspects current market like …… Financial trends , Stocks , Technology scenario, Government Policies, General Items Rate and so on …
This application uses “Bayesian Analysis” to forecasts the things…
WHAT IS BAYESIAN ANALYSIS?
Bayesian Analysis is statistical analysis in which evidence or observations are used to update or to newly infer the probability that a hypothesis may be true.
The name "Bayesian" comes from the frequent use of Bayes' theorem in the inference process. Bayes' theorem was derived from the work of the Reverend Thomas Bayes.
Bayesian Analysis uses aspects of the scientific method , which involves collecting evidence that is meant to be consistent or inconsistent with a given hypothesis.
Bayesian inference uses a numerical estimate of the degree of belief in a hypothesis before evidence has been observed and calculates a numerical estimate of the degree of belief in the hypothesis after evidence has been observed.
Features
Generic Forecasting System : Its is a General Forecasting system that forecast any General aspect.
Useful for any Business : Any small or Big organization can make good use this software in order to increasing their profit rate.
Forecasting Government Policies : Forecasting government policies will help any business person to make future business planning accordingly .
Forecasting Intra-Business Aspect : This is a general application which will also help to predict every small Intra-Business aspect.
Forecasting Rival Strategies : On the basis of the previous collected data , this software can help one Business Person to predict Rival next Step in order to give competitive edge.
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