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Thread: Guidance needed

  1. #1
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    Guidance needed




    I am in healthcare and I want to predict future volume (primarily just the end of the current month).
    The problem I have with using a traditional regression is that weekends and holidays really throw off volumes.
    For example, Tuesday Thursday our volumes are the highest. Throw in a holiday near a weekend and that really throws them off e.g. this thanksgiving.
    What is the best way to help predict volumes?

    Thank you in advance

  2. #2
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    Re: Guidance needed

    I would say ignore holiday data but that seems to be what is left for this month. How much prior data do you have?
    Stop cowardice, ban guns!

  3. #3
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    Re: Guidance needed


    I have monthly data starting 1/31/2012 to current.

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