Fan chart: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Create page. Source: The Treasurer, June 2018, p24.) |
(No difference)
|
Revision as of 15:59, 1 June 2018
Forecasting.
Fan charts are designed to illustrate the risks surrounding forecasts, often based on past forecast errors.
They show a central best-estimated future path, together with widening bands around it, indicating the probabilities and confidence intervals around the central forecast.