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Time Series Forecast in R
Step-by-step guide onto how to perform Time Series Forecast in R
You have got a lot of Time Series data and you are wondering how you can use your data to create a forecast prediction of the future?
If your answer is Yes, then you have come to the right place…
In this story, let me walk you through an easy-to-implement method to perform forecasting of a time series dataset using Seasonal ARIMA model. For demonstration purposes, we will use a Fish Sales Dataset under MIT License and a Yahoo Finance stock price dataset (downloaded directly in R)…
Exploratory Data Analysis
Before getting started with any Data Science- or AI-related task, it is a good practice to perform an Exploratory Data Analysis (EDA). Throughout an EDA, you will gain valuable insights which may significantly affect your upcoming modelling strategy. If you are not familiar with EDA, I recommend you take a look at my other story in which I perform a sample EDA.