ComboCurve: P-Series

ComboCurve: P-Series

P-Series

This document provides an overview of the p-series economic assumption.

The P-Series economic assumption model is used to determine which probabilistic outcome is used for the economic evaluation.

This model is relevant when:
  1. The forecast assumption is referencing a type curve lookup table
  2. The forecast assumption is referencing a probabilistic forecast
The model is not relevant for deterministic forecast, as there is only a Best Fit available. 

Users can select from four P-Series options:
  1. Best (default) - average
  2. P10 - 90th percentile, often used as an optimistic estimate
  3. P50 - median
  4. P90 - 10th percentile, often used as a conservative estimate
Click the 3 dots on the P-Series column name then choose P-Series to see the selections below: 






 When the scenario forecast assignment is a type curve lookup table or a probabilistic forecast the P-series selection determines which probabilistic outcome is used for the scenario run.

Type Curve Example 


Probabilistic Forecast Example


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