In this project, you will learn to conduct a thorough analysis of a time series data using ARIMA. The project explains the basic concepts of time series analysis and illustrates the same with hands-on activity on R Studio. It describes the types of time series data and its distinct components. The project covers how to conduct diagnostic tests to check for core assumptions of ARIMA, evaluating model process and orders from ACF, PACF graphs. Finally, it derives best fit model to forecast future values.
Autoregressive Integrated Moving Average (ARIMA)
In a video that plays in a split-screen with your work area, your instructor will walk you through these steps:
Your workspace is a cloud desktop right in your browser, no download required
In a split-screen video, your instructor guides you step-by-step