Prediction using JMP recurrence analysis
Hi all, I tried to predict future repairs and cost for our machines using JMP recurrence analysis, but I’m encountering overprediction issue. I trained a model (log linear NHPP) using lifetime data of the bots up to 90 days ago and then predicted currently added repairs and costs. Basically I use data 90 days ago for modeling and prediction, and valid the results using current data. The results sh...