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agenda9533

statistical functions
 
I have a monthly data:Feb-04-Feb-05
Feb-04 2,156
.....
Dec-04 3,844
Jan-05 3,964
Feb-05 4,001
I need to make a forecast for Jun-05,Jul-05,Aug-05
Which of statistical functions would be better to apply on this data? Thank
you

CyberTaz

If it is a simple linear or growth projection you may not need any of them.
You might first review Help on the use of EditFillSeries.

HTH |:)

"agenda9533" wrote:

I have a monthly data:Feb-04-Feb-05
Feb-04 2,156
....
Dec-04 3,844
Jan-05 3,964
Feb-05 4,001
I need to make a forecast for Jun-05,Jul-05,Aug-05
Which of statistical functions would be better to apply on this data? Thank
you


Michael R Middleton

agenda9533 -

First, look at the data. That is, create a simple line chart.

Identify whether there is trend and seasonality. Use your judgment.

Finally, use an appropriate model to extrapolate into the future.

- Mike
www.mikemiddleton.com

"agenda9533" wrote in message
...
I have a monthly data:Feb-04-Feb-05
Feb-04 2,156
....
Dec-04 3,844
Jan-05 3,964
Feb-05 4,001
I need to make a forecast for Jun-05,Jul-05,Aug-05
Which of statistical functions would be better to apply on this data?
Thank
you





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