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Requirements for effective use of graphical methods in interactive forecasting
Authors:Neil W. Polhemus
Abstract:The construction of forecasts using interactive data analysis systems is greatly aided by the availability of graphical procedures. Data exploration, model identification and estimation, and interpretation of final forecasts are made considerably easier by the visual relay of information. This article discusses some recent developments in time series graphics designed to assist in the forecasting process. A discussion of requirerients for effective use of graphics in interactive forecasting is included as illustrated through an application of the Box-Jenkins methodology. Illustrations are included from the STATGRAPHICS system, a prototype implementation in APL.
Keywords:Interactive forecasting  Statistical graphics  APL  Time series analysis  ARIMA models  Software design
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