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Forecasting Trends

Explore forecasting trends by learning how to frame forecasting problem statements and create clear visualizations using Python. Understand how to differentiate historical and forecasted data, handle uncertainty with prediction intervals, and recognize limitations of forecasting in real-world datasets.

Forecasting trends from data is one of the many objectives data storytellers can identify for their use case. Forecasting involves looking at past trends to identify potential future insights. Let's take a look at how to frame forecasting and how to consequently create the right types of data visualizations for these purposes.

Framing forecasting problem statements

A data storyteller may choose to employ forecasting for ...