I want to calculate a FC based on historical data. I have a column with the FC value and a column with the actual value received. I would like to calculate the values and the deviation from the actual values of a FC based on the past values.
@rfeigel Iv got the Data from the past till 01.07.2024. You see the forecastet value âFC Quantityâ and the real Quantity âeffective Quantityâ and the difference. From 01.08.2024 i only got the Forecast values. My idea is based on information on the past to get Forecast Values or here âeffectiv Quantity calculetedâ. I want to derive from the past values and the difference between values for âeffective quantity calculatedâ
But I suppose you canât have a good prediction with only 9 rows of historical effective quantity data. This example has 277 history data points.
Best Regards
Could you try explaining what youâre trying to do again? Please use consistent terms in your explanation. Also, I agree with @hmfa that you have very little data to work with.
@ARock1980 you can take a look at these threads and examples. Though I agree with @hmfa and @rfeigel you most likely have too few data points to make a real decision.
If you want to read more about methods and philosophy of predictions read the liked articles.