Time Series Forecasting
Lecture no. 4 from the course: Mathematical Decision Making: Predictive Models and Optimization
Taught by Professor Scott P. Stevens | 31 min | Categories: The Great Courses Plus Online Mathematics Courses
Time series forecasting is a valuable tool when there’s little data on what drives a process. Using the example of U.S. housing starts, learn how to glean information from historical figures, taking into account both long-term trends and seasonal fluctuations to create a forecast and assess its reliability.