Explanation
Good forecasting requires properly organized historical data.
Recommended Structure
|
Date |
Sales |
|
01-Jan-2026 |
40000 |
|
01-Feb-2026 |
45000 |
|
01-Mar-2026 |
48000 |
|
01-Apr-2026 |
52000 |
|
01-May-2026 |
55000 |
|
01-Jun-2026 |
60000 |
Important Requirements
- Dates should be in chronological order.
- Time intervals should be consistent.
- Values should be numeric.
- Avoid unnecessary blank rows.
- Use clear column headings.
Practice
Prepare a 12-month sales dataset suitable for forecasting.