Category Forecasting

The term forecasting is most often applied to time series data, where future values of a series are estimated based on past and present observations. Usually you need to build a model to describe how the variable(s) in interest changes with respective to time or other possible factors based on history data.

What is Time-series Forecasting

Introduction Time-series forecasting is a powerful tool that allows businesses to make informed decisions about the future. By analyzing past data and trends, businesses can make predictions about future events and plan accordingly. Time-series forecasting is commonly used in many…

Time Series Analysis Methods

Time series analysis is the process of gathering data over a period of time at regular intervals with the aim of discovering trends, seasonality, and residuals to help with event forecasting. Time series analysis entails attempting to anticipate future values while inferring what has happened to a set of data points in the past.