Forecasting: Principles and Practice

Forecasting: Principles and Practice

This textbook provides a comprehensive introduction to forecasting methods and presents enough information about each method for readers to use them sensibly. Examples use R with many data sets taken from the authors' own consulting experience.

Tag(s): Statistics

Publication date: 17 Oct 2013

ISBN-10: 0987507109

ISBN-13: 9780987507105

Paperback: 293 pages

Views: 4,334

Type: N/A

Publisher: OTexts

License: n/a

Post time: 20 Apr 2016 11:00:00

Forecasting: Principles and Practice

Forecasting: Principles and Practice This textbook provides a comprehensive introduction to forecasting methods and presents enough information about each method for readers to use them sensibly. Examples use R with many data sets taken from the authors' own consulting experience.
Tag(s): Statistics
Publication date: 17 Oct 2013
ISBN-10: 0987507109
ISBN-13: 9780987507105
Paperback: 293 pages
Views: 4,334
Document Type: N/A
Publisher: OTexts
License: n/a
Post time: 20 Apr 2016 11:00:00
From the Book Description:

Forecasting is required in many situations. Deciding whether to build another power generation plant in the next five years requires forecasts of future demand. Scheduling staff in a call centre next week requires forecasts of call volumes. Stocking an inventory requires forecasts of stock requirements. Telecommunication routing requires traffic forecasts a few minutes ahead. Whatever the circumstances or time horizons involved, forecasting is an important aid in effective and efficient planning.

This textbook provides a comprehensive introduction to forecasting methods and presents enough information about each method for readers to use them sensibly. Examples use R with many data sets taken from the authors' own consulting experience.




About The Author(s)


George Athana­sopou­los is an Associate Professor in the Department of Econometrics and Business Statistics at Monash University, Australia. His research interests include multivariate time series analysis, forecasting, non-​​linear time series, wealth and tourism economics. 

George Athanasopoulos

George Athana­sopou­los is an Associate Professor in the Department of Econometrics and Business Statistics at Monash University, Australia. His research interests include multivariate time series analysis, forecasting, non-​​linear time series, wealth and tourism economics. 


Rob J Hyndman is Professor of Statistics in the Department of Econometrics and Business Statistics at Monash University, and Editor-in-Chief of the International Journal of ForecastingHe develops statistical models, algorithms and software for forecasting, analysing and visualizing data.

Rob J. Hyndman

Rob J Hyndman is Professor of Statistics in the Department of Econometrics and Business Statistics at Monash University, and Editor-in-Chief of the International Journal of ForecastingHe develops statistical models, algorithms and software for forecasting, analysing and visualizing data.


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