Module 8 : The Analysis Of Time Series

Procedure for decomposition

  • Decompose the time series into its components
    - Find seasonal component
    - Deseasonalize the demand
    - Find trend component

  • Forecast future values of each component
    - Project trend component into the future
    - Multiply trend component by seasonal component
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Prof.S.G.Deshmukh & Prof.Arun Kanda