Multivariate forecasting now supported

You can now create multivariate forecasts in IBM Cognos Analytics with Watson. In a multivariate forecast, the forecast takes into consideration multiple variables that work together or have dependencies. This can yield a more accurate forecast.

You can create a multivariate forecast by enabling Forecast under the Analytics panel. Under Optional factors to consider, add the measures you want the forecast to consider.

If the forecast determines that the measures you selected have no dependency with each other, it displays a univariate model instead. A univariate model creates a forecast for one variable without considering any other variables.

To see which forecast model was chosen for forecasting and the algorithm used, click Statistical details and check the Notes column under Forecasting statistical details.

For more information, see Creating a multivariate forecast.