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Grey-forecasting model is often used to make short- and mid-run prediction in circumstances with relatively little data. It is expected to forecast the next numerical values and graph the data by inputting 5-10 historical figures.
The grey-forecasting model helps you to predict the trend of how a product or an industry will develop in the next few months or years.
For example, if you want to predict the growth speed of the coating industry in the next five months (Sep. Oct. Nov. Dec. in 2015 and Jan. in 2016), you need to input the data of the growth speed from the previous five months (Apr. May. June. July. Aug. in 2015).
Please see the following steps.
Input 5 numbers from the data in the growth speed of the coating industry from the previous 5 months.
Press the “Start” button.
You can see the prediction for the next 5 months from the output window with the numbers and the graph.