OK. Let's say that I have several years of monthly sales data. How would I go about finding the probability that monthly sales, three months in the future, will exceed a threshold value?
Is this something that's commonly done? I spent some time searching on the internet for this, but haven't found anything. Maybe, I'm not describing what I want properly or something.
In any case, if anyone has any references, examples, etc. on this, I'd love to check it out. Thanks.
Is this something that's commonly done? I spent some time searching on the internet for this, but haven't found anything. Maybe, I'm not describing what I want properly or something.
In any case, if anyone has any references, examples, etc. on this, I'd love to check it out. Thanks.