finding future data

Collapse
X
 
  • Time
  • Show
Clear All
new posts
  • vijaykumarsharma
    New Member
    • Nov 2007
    • 12

    #1

    finding future data

    hi all

    i am having some values in my database

    those belongs to years and commodityquanti ty

    at present i need to forecst the quantity for next 10 years

    for this what i need to do.

    give me some help

    thank u.
  • JosAH
    Recognized Expert MVP
    • Mar 2007
    • 11453

    #2
    Hi, I removed your other thread because it's a duplicate of this one. Forecasting
    is slippery business if you don't know at least a bit about the probability distribution
    of your present data. You can order your data timewise and simply use one of the
    available predictors, or simply use a Lagrange polynomial to find a value in the (near)
    future. If the probability distribution behaves kind of 'calm' you might consider a moving
    average function, optionally using weights on the sample data. An exponential function
    does quite nice here.

    kind regards,

    Jos

    Comment

    Working...