Forecasting Officer Losses-an Examination of Methods.
Abstract
Air Force Personnel Managers must be able to accurately forecast the force size. This need is explicit in meeting statutory budget limitations. Further officer losses drive accession, training, and promotion, thus the need for accuracy in forecasting losses cannot be over emphasized. To accomplish this objective loss rates have been generated using Ordinary Least Squares (OLS) stepwise regression. The objective of this paper is to expose the relative efficacies of alternative methods which could be used viz. Maximum Likelihood Estimation (MLE) and OLS standardized coefficient (Beta) predictor models. (Author)
Document Details
- Document Type
- Technical Report
- Publication Date
- Sep 01, 1977
- Accession Number
- ADA052906
Entities
People
- T. M. Beatty