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Jun 02, 2020 at 08:35 PM

Basic value and error total calculation for Constant forecast model

76 Views Last edit Jun 02, 2020 at 08:42 PM 3 rev

Hi,

I am trying to understand the calculation happening on individual execution of Constant forecast model.

Consumption values as follows:

06/20 - 10

05/20 - 50

04/20 - 10

Alpha factor - 0

Hist. periods - 2

I did execute forecast as shown below:

Could you please help understand how Basic value is 42 and Error total is -40?

TIA.

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