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TIME SERIES ANALYSIS AND
FORECASTING
INTRODUCTION AND ITS COMPONENTS
BY
EUGENE BERNA I
INTRODUCTION
• Time series analysis is a specific way of analyzing a sequence
of data points collected over an interval of time. In time series
analysis, analysts record data points at consistent intervals over
a set period of time rather than just recording the data points
intermittently or randomly.
EXAMPLES
•Weather data
•Rainfall measurements
•Temperature readings
•Heart rate monitoring (EKG)
•Brain monitoring (EEG)
•Quarterly sales
•Stock prices
•Automated stock trading
•Industry forecasts
•Interest rates
Example
TIME SERIES ANALYSIS AND FORECASTING-INTRODUCTION.pptx
TIME SERIES ANALYSIS AND FORECASTING-INTRODUCTION.pptx
TIME SERIES ANALYSIS AND FORECASTING-INTRODUCTION.pptx
TIME SERIES ANALYSIS AND FORECASTING-INTRODUCTION.pptx
TIME SERIES ANALYSIS AND FORECASTING-INTRODUCTION.pptx
TIME SERIES ANALYSIS AND FORECASTING-INTRODUCTION.pptx
TIME SERIES ANALYSIS AND FORECASTING-INTRODUCTION.pptx
TIME SERIES ANALYSIS AND FORECASTING-INTRODUCTION.pptx
TIME SERIES ANALYSIS AND FORECASTING-INTRODUCTION.pptx
TIME SERIES ANALYSIS AND FORECASTING-INTRODUCTION.pptx
TIME SERIES ANALYSIS AND FORECASTING-INTRODUCTION.pptx
TIME SERIES ANALYSIS AND FORECASTING-INTRODUCTION.pptx
TIME SERIES ANALYSIS AND FORECASTING-INTRODUCTION.pptx
TIME SERIES ANALYSIS AND FORECASTING-INTRODUCTION.pptx
TIME SERIES ANALYSIS AND FORECASTING-INTRODUCTION.pptx

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TIME SERIES ANALYSIS AND FORECASTING-INTRODUCTION.pptx

  • 1. TIME SERIES ANALYSIS AND FORECASTING INTRODUCTION AND ITS COMPONENTS BY EUGENE BERNA I
  • 2. INTRODUCTION • Time series analysis is a specific way of analyzing a sequence of data points collected over an interval of time. In time series analysis, analysts record data points at consistent intervals over a set period of time rather than just recording the data points intermittently or randomly.
  • 4. •Weather data •Rainfall measurements •Temperature readings •Heart rate monitoring (EKG) •Brain monitoring (EEG) •Quarterly sales •Stock prices •Automated stock trading •Industry forecasts •Interest rates
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