Forecasting: Principles and Practice

First published: 2021

Brief summary

Free textbook on time-series forecasting, seasonality, ARIMA and evaluation.

Article

Forecasting: Principles and Practice is covered by the linked source. Free textbook on time-series forecasting, seasonality, ARIMA and evaluation.

The material from Hyndman & Athanasopoulos presents a forecasting method, software implementation, benchmark or evaluation procedure.

Sound forecasting preserves time order, compares models with simple baselines and evaluates performance at the intended horizon. Point accuracy and uncertainty may both matter.

Performance can deteriorate after structural change. Model selection and preprocessing must use training data only, with final results measured on genuinely unseen periods.

Source details and credits

• Source / publisher: Hyndman & Athanasopoulos
• Source type: Online textbook
• URL type: WWW
• Credits: Hyndman & Athanasopoulos
• URL: https://otexts.com/fpp3/