How to Use Predictor to Forecast Your Business Outcomes
Predictor is a powerful tool that helps you analyze your data and generate accurate forecasts for your business goals. Whether you want to predict sales, revenue, customer retention, or any other metric, Predictor can help you achieve it.
In this article, we will show you how to use Predictor to forecast your business outcomes in three easy steps:
Upload your data
Select your target variable and forecasting horizon
View and download your forecast
Step 1: Upload your data
The first step to use Predictor is to upload your data. You can upload your data in CSV or Excel format, or connect to your data source directly. Predictor supports various data sources, such as Google Analytics, Shopify, Salesforce, and more.
Your data should have at least one column that represents the date or time of each observation, and one column that represents the target variable you want to forecast. For example, if you want to forecast your monthly sales, your data should have a column for the month and a column for the sales amount.
Once you upload your data, Predictor will automatically detect the date or time column and the frequency of your data (daily, weekly, monthly, etc.). You can also adjust these settings manually if needed.
Step 2: Select your target variable and forecasting horizon
The next step is to select your target variable and forecasting horizon. The target variable is the column that you want to forecast, and the forecasting horizon is the number of periods ahead that you want to predict.
Predictor will automatically suggest a target variable based on your data, but you can also choose a different one from the drop-down menu. You can also enter the number of periods ahead that you want to forecast in the forecasting horizon box. For example, if you want to forecast your monthly sales for the next 12 months, you can enter 12 in the box.
Predictor will then use advanced machine learning algorithms to analyze your data and generate a forecast for your target variable. You can see a preview of your forecast on the chart below the settings.
Step 3: View and download your forecast
The final step is to view and download your forecast. You can see the details of your forecast on the chart and the table below. The chart shows the historical data and the forecasted values for your target variable, along with a confidence interval that represents the uncertainty of the forecast. The table shows the numerical values of the forecasted values and the confidence interval for each period.
You can also customize your forecast by changing the settings on the sidebar. You can change the forecasting method, the confidence level, the seasonality adjustment, and more. You can also add additional variables to your forecast, such as trends, events, or external factors.
Once you are satisfied with your forecast, you can download it in CSV or Excel format, or share it with others via email or social media. You can also save your forecast and access it later from your dashboard.
Predictor is a simple and powerful tool that helps you forecast your business outcomes with ease. Try it today and see how it can help you grow your business.