There is an irritation in using the Forecast Function in Analysis in that
it treats Panel data as a continuum between adjacent panel units in
plotting by observation number sequence. So as illustrated below, there are
21 annual observations in Panel 1 ending in 2021. However the forecast
funtion treats this as as a observation continuum from 1:21 to 2:01(year
2001) and plots an irritaing line between1:21 and 2:01......and similarly
between all the adjacent 10 Panel Units. Is there anyway to suppress this
joining line, as the forecast graph plots beautiful CI shaded areas.
The workaround is to transfer the data to Excel -but that does not provided
a shaded 95% CI -which is clearly more elegan -only the ability to plot the
Upper and lower CI bounds as lines..
The Graph function on the other hand will show model fitted and actual
values by Panel Unit number, but no confidence intervals!
Brian
1:20 6.963190 6.860621 0.283066 6.301620 - 7.419622
1*:21 6.729824 6.452257 0.284134 5.891148 - 7.013367*
2:01 6.952729
2:02 5.905362
Perhaps an option in the graphics GUI to plot the forecasts for each panel
by Panel numbered units might remove the problem.?
[image: Capture.JPG]
Brian J Revell
Professor Emeritus (Agricultural Economics)
Harper Adams University UK
Current Chair of Defra Economic ADvisory Panel
Former President Agricultural Economics Society
Tel: home 01952 728153 Mobile 07976 538712
Address: Orchard Croft, Vineyard Rd, Homer, Much Wenlock TF!3 6NG
Alt. Email bjrevell(a)harper-adams.ac.uk