Thread View: sci.math.stat
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Started by Rosemary Macedo
Thu, 05 Nov 1992 18:22
help: have forecast, need % probability
Author: Rosemary Macedo
Date: Thu, 05 Nov 1992 18:22
Date: Thu, 05 Nov 1992 18:22
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903 bytes
Please help this nonstatistician. I have a forecast of y. I know the historical distribution (mean & st dev) of the forecasts of y, and I know the same for y itself. How do I calculate the % chance, given FCST(y), that y > 0 or < 0 ? I also know the mult R of my forecasts with the actual. Please reply to rosy@alumni.caltech.edu Thanks in advance for help. (My access to reference books in statistics is rather limited).r
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