New Series of Time Series: Part 2 (Exponential Smoothing)

In the last post , I have explained the main concepts behind the timeseries. In this post, I am going to show how we can forecast for some periods. In the last post, I have mentioned that there is a possibility to have “seasonality” “Trend” and  errors (residual) in one dataset: Seasonality+Trend+Residual we call it as Read more about New Series of Time Series: Part 2 (Exponential Smoothing)[…]

New Series of Time Series: Part 1

In this new series I am going to look at the time series models and how we able to use them for forecasting data. The first need in timeseries data is to have a series of data for years or for some qurdant. imagin that we have a time series data on birth rate from Read more about New Series of Time Series: Part 1[…]