Resolved: The Term in the above Video
What is "Act".
It is written below the 2015 and 2016 cells.
Please specify.
Also specify why it is written 000s in Units.
1 answers ( 1 marked as helpful)
Hi Punit,
Good to hear from you.
'Act' stands for 'Actual' data. This is data that we already know came to existence.
On the other hand, we can also have 'Fcst', which stands for 'Forecast' - data that is expected.
So, for example if we were in July of 2021, a company can have 'Act' numbers for June and May, but they will have 'Fcst' numbers for August and September.
Hope this helps!