Feb 01 2017
- last edited on
Jul 25 2018
Hello Excel community-thank you for your time and help. I did a forecast for population and the first figure it forecasted was decreased by almost 2%. Is that normal? There were 2 years in the historical data where the population figures decreased. The rest of the forecasted figures were normal.
Feb 06 2017 04:25 AM
We'd really need some more information.
Can you expand (be a bit more specific) on what you are doing and what you think the problem is
Feb 08 2017 01:21 PM
Alan - The URL at the bottom of this message is a good place to start on your forecast math journey. The different forecast functions are described and there is a workbook with examples. I noodled with some existing data and I could change enough data points to force the first period of forecast data be less than the last period of actual but I didn't dig deep enough to understand the math (lunch break is over). Good Luck!