Fan chart: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson m (Categorise.) |
imported>Doug Williamson (Add link.) |
||
Line 7: | Line 7: | ||
== See also == | == See also == | ||
*[[Chart]] | |||
*[[Confidence interval]] | *[[Confidence interval]] | ||
*[[Consensus forecast]] | *[[Consensus forecast]] |
Latest revision as of 08:47, 28 April 2022
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.