Statistics, Department of

The R Journal
Date of this Version
6-2015
Document Type
Article
Citation
The R Journal (June 2015) 7(1); Editor: Bettina Grün
Abstract
Fan charts, first developed by the Bank of England in 1996, have become a standard method for visualising forecasts with uncertainty. Using shading fan charts focus the attention towards the whole distribution away from a single central measure. This article describes the basics of plotting fan charts using an R add-on package alongside some additional methods for displaying sequential distributions. Examples are based on distributions of both estimated parameters from a time series model and future values with uncertainty.
Included in
Numerical Analysis and Scientific Computing Commons, Programming Languages and Compilers Commons
Comments
Copyright 2015, The R Foundation. Open access material. License: CC BY 3.0 Unported