NIST Time Series

First published: 2003

Brief summary

NIST handbook section on time-series methods.

Article

NIST Time Series is covered by the linked source. NIST handbook section on time-series methods.

The material from NIST 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: NIST
• Source type: Statistics handbook
• URL type: WWW
• Credits: NIST
• URL: https://www.itl.nist.gov/div898/handbook/pmc/section4/pmc4.htm