Forecasting: principles and practice

Forecasting: principles and practice

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Forecasting is required in many situations. Stocking an inventory may require forecasts of demand months in advance. Telecommunication routing requires traffic forecasts a few minutes ahead. Whatever the circumstances or time horizons involved, forecasting is an important aid in effective and efficient planning. This textbook provides a comprehensive introduction to forecasting methods and presents enough information about each method for readers to use them sensibly.We are interested in predicting the price of a house not in our data set using various house characteristics: position, ... Example 1.1 Car emissions Table 1.1 gives some data on 2009 model cars, each of which has an automatic transmission and an engine size under 2 liters. ... 6.8 Scion xD 1.8 26 32 6.6 Toyota Corolla 1.8 27 35 6.1 Toyota Matrix 1.8 25 31 6.6 Toyota Prius 1.5 48 45 4.0 Toyota Yaris 1.5anbsp;...

Title:Forecasting: principles and practice
Author:Rob J Hyndman, George Athanasopoulos
Publisher:OTexts - 2014-09-20


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