M3 Competition

Aasma Bokhari's presentation is attached below.

International Journal of Forecasting 16 (2000) 451–476

The M3-Competition: results, conclusions and implications

` Spyros Makridakis, Michele Hibon

This paper describes the M3-Competition, the latest of the M-Competitions. It explains the reasons for conducting the

competition and summarizes its results and conclusions. In addition, the paper compares such results /conclusions with those

of the previous two M-Competitions as well as with those of other major empirical studies. Finally, the implications of these

results and conclusions are considered, their consequences for both the theory and practice of forecasting are explored and

directions for future research are contemplated