12.07.2015 Views

FSBstats: A First Look

FSBstats: A First Look

FSBstats: A First Look

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For example, in the illustration below data has been entered for three different forecasts.The data for each forecast occupies one row. Values must be entered for all independentvariables (here, Comp_Price, Income, Population, Price, Time_Var, and Unit_Sales).With values entered for the independent variables, click FSBstat’s “Forecasting” button.<strong>FSBstats</strong> calculates the forecast and forecast interval range for each row of valuesentered and adds these to the output.Notice that each row now has a label: “Fcst# 1”, “Fcst# 2”, “Fcst# 3”.Forecasting Troubleshooting NotesNeglect to Enter All ValuesIf you neglect to enter values for all the independent variables before hitting the“Forecasting”button<strong>FSBstats</strong> promptsyou withthe dialog below.Attempt to Forecast from a Non-Active SheetIf you return to a model that <strong>FSBstats</strong> considers non-current and attempt to forecastfrom it, a pop-up box displays to let you know that the Model you want to work withisn’t currently active.17

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