fanplot: An R Package for Visualising Sequential Distributions

Abel Guy

Publication: Scientific journalJournal articleResearchpeer-review

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.
Original languageEnglish
Pages (from-to)15-23
JournalThe R Journal
Volume7
Issue number1
Publication statusPublished - 4 Jul 2015
Externally publishedYes

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