Week 4 Reflective Journal.docx

Week 4 Reflective Journal.docx    BUS625  Week 4 Reflective Journal  University of Arizona Global Campus BUS625: Data & Decision Analytics   Week 4 Reflective Journal  In this Super forecasters, Chapters 7 and 8 reveal critical points of insights for good take- aways to an aspiring forecaster. A few of these vital takeaways have to do with the sort of disci- pline and mindset required for a good forecaster. The following are the takeaways: embrace a state of perpetual beta, continuously update forecasting, and employ one’s willpower to do better. A critical takeaway from chapter 7 is how an accurate forecast comes from constantly updated  information (Tetlock et al., 2015, p. 153). This aspect focuses on the need for aspiring super-fore- casters to be plugged into current events and the latest news to make the necessary updates to  their prediction models. As simple logic explains, an updated forecast is more likely