mytest > help > Part 2. MM4XL Tools > 1. Strategic Tools > Forecast Manager > 3. Technicalities > Opening the black box of Forecast Manager > Report heading

Forecast Manager

Report heading

The report heading shows the basic user selection, it shows some general statistic values about the observed (actual) and fitted data, and it shows which method was found to fit the actual series better. Most data in the heading is self-explanatory. The Coefficient of variation, however, is worth mentioning in this section of the reference manual.

Index

Formula

Meaning

Coefficient of variation

Source: Jarrett.

Sales Forecast Software with Sales History Data

Sales Forecast Software with Sales History Data= Standard deviation.

Sales Forecast Software with Sales History Data= Mean.

It yields the magnitude of the range within which values of the analyzed and fitted time series can be found.

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