Forecasting
As we've seen, trend models make predictions. Given a good model, you expect additional data to follow the trend. When the trend is over time, you can get an idea about where future values may fall. However, predicting future values often requires a different type of model. Factors such as seasonality can make a difference not predicted by a trend alone. Starting with version 8.0, Tableau includes built-in forecasting models that can be used to predict and visualize future values.
To use forecasting, you'll need a view that includes a date field or enough date parts for Tableau to reconstruct a date (for example, a Year and a Month field). You may drag and drop Forecast from the Analytics tab, navigate to Analysis | Forecast | Show ...
Become an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
and much more.
Read now
Unlock full access