Sign In My Account
About
About Us
History of the Firm
Our Team
Market Research
Reports
Workbook
Consulting
Spears Insider
Get Our Emails
Drilldown Podcast
Events
Contact

Spears & Associates

Sign In My Account
About
About Us
History of the Firm
Our Team
Market Research
Reports
Workbook
Consulting
Spears Insider
Get Our Emails
Drilldown Podcast
Events
Contact
Gitwit Development
January 28, 2019

Episode 98: All Models are Wrong; Some Are Useful

Gitwit Development
January 28, 2019

Knowing that an accurate forecast can be an important part of a good decision, we’re always interested in how to improve models by reducing uncertainty and bias.  In this episode, John and Richard discuss sources of common modeling errors, such as recency bias, availability bias, and anchoring.

Newer PostEpisode 99: Useful Averages
Older PostEpisode 97: The Day the Oilfield Changed
Back to Top
logo-white.png

Spears & Associates, Inc. provides business planning, analysis, activity forecasts and market research-based consulting services to the worldwide petroleum equipment and service industry. Clients include petroleum equipment manufacturers, oilfield service firms, financial institutions, and research groups. Spears & Associates has served the oilfield since 1965. Its services are divided between off-the-shelf unique data driven  products, private and multi-client Consulting, and the Spears Insider, a subscription to weekly insight emails. The staff of Spears & Associates provides a wealth of experience in the oilfield from the service perspective and the oil company perspective.

© 2020 Spears & Associates
All rights reserved
Privacy Notice

4809 E. 89th St. Suite 200, Tulsa, OK 74137

918-496-3434