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Thread: Forecasting, what method to use

  1. #1
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    Forecasting, what method to use

    I am stuck on what statistical analysis method I can use to forecast using past data.

    This is for a Hotel that has been open for four months, I need to fill in the yellow on attached Excel spreadsheet. Can anyone help or point me in the right direction?
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  2. #2
    Fortran must die
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    Re: Forecasting, what method to use

    4 months is not enough data to predict anything reliably. You can not capture seasonality for one thing.
    "Very few theories have been abandoned because they were found to be invalid on the basis of empirical evidence...." Spanos, 1995

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