It’s hard to imagine an industry that does not rely at least in part on some type of forecast when making decisions concerning the future. The demand for a good or service, the cost of raw materials or wages for labor, economic indicators that may provide insight into the future – these are just some examples of where access to a powerful forecasting tool can prove invaluable. The Industrial version of @RISK 8.0 offers just such a feature. After a brief discussion of time series data and modeling, this webinar will demonstrate the power of the Time Series feature with applications from multiple industries. In addition to becoming familiar with the feature’s dialog boxes and reports, you will be exposed to the 13 time series models employed (e.g., ARCH – Autoregressive Conditional Heteroskedasticity) and Excel’s array formula. This webinar is intended for current users of the Industrial version of @RISK 8.0 who are unfamiliar with the Time Series feature, or users of the Professional version who are considering upgrading to the Industrial version.