False positive and Fan chart: Difference between pages
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'' | ''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. | |||
== See also == | == See also == | ||
* [[ | *[[Chart]] | ||
*[[Confidence interval]] | |||
*[[Consensus forecast]] | |||
*[[Forecast]] | |||
[[Category:Knowledge_and_information_management]] | |||
[[Category:The_business_context]] |
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.