Forecasts with Uncertainty Webinar Series 1: Useful Approaches for Simulating Curves with Scenarios, Parameters and Randomness
How can we simulate uncertainty around forecast scenarios?
On this first webinar of the Forecasts with Uncertainty Webinar Series we will present how to use different forecast curves (demand, growth, prices, production etc.) to simulate the uncertainty regarding the scenario probabilities and the possible curves that might exist between the scenarios.
We will discuss practical ways to model scenarios with probabilities, with parameters, and how uncertainty impacts the use of these scenarios (for example on the valuation of projects).