False positive and Fan chart: Difference between pages

From ACT Wiki
(Difference between pages)
Jump to navigationJump to search
imported>Administrator
(CSV import)
 
imported>Doug Williamson
(Add link.)
 
Line 1: Line 1:
''Statistics''.  
''Forecasting''.
A Type I error.
 
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 ==
* [[Type I error]]
*[[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.


See also