Simple Methods and Procedures Used in Forecasting
Simple Methods and Procedures Used in Forecasting
Simple Methods and Procedures Used in Forecasting
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Time Series Analysis<br />
Time series, denoted by { Y t : t ∈ N} , is a<br />
sequence of observations on particular<br />
variables.<br />
Decomposition of time series data (classical<br />
decomposition):<br />
Trend<br />
Seasonal Trend<br />
Cyclical Movements<br />
Irregular Components
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