Forecasting is required in many situations. Stocking an inventory may require forecasts of demand months in advance. Telecommunication routing requires traffic
Forecasting is required in many situations. Deciding whether to build another power generation plant in the next five years requires forecasts of future demand.
"A comprehensive introduction to the latest forecasting methods using R. Learn to improve your forecast accuracy using dozens of real data examples." --cover.
Time series data analysis is increasingly important due to the massive production of such data through the internet of things, the digitalization of healthcare,