Monthly Archives: July 2014

Using Forecast Pro’s Built-in Outlier Detection and Correction

2014-07-30T14:05:07+00:00July 30th, 2014|Categories: Forecasting Education, Using Forecast Pro|Tags: , |

If you are forecasting a time series that contains an outlier, there is a danger that the outlier could have a significant impact on the forecast. One solution to this problem is to screen the historical data for outliers and replace them with more typical values prior to generating the forecasts. This process is referred [...]