null
US
Sign In
Sign Up for Free
Sign Up
We have detected that Javascript is not enabled in your browser. The dynamic nature of our site means that Javascript must be enabled to function properly. Please read our
terms and conditions
for more information.
Next up
Copy and Edit
You need to log in to complete this action!
Register for Free
17913083
Packet 10 Concept Map
Description
Olivia Barnard Kaleigh Brauns Carolyn Davin Sarah Herber
Mind Map by
Kaleigh Brauns
, updated more than 1 year ago
More
Less
Created by
Kaleigh Brauns
almost 5 years ago
77
0
0
Resource summary
Packet 10 Concept Map
Time Series
Goal: Generalize the linear regression model to account for dependence of observation
ex: consumer price index, temperatures, product consumption
Secular trend, cyclical fluctuation, seasonal variation, residual effect
Construction of time series
1. E(Yt). 2. Rt 3. Yt = E(Yt) + Rt
If evidence of autocorrelation, use a model with...
Forecasting
Smoothing Techniques
Goal: Identify secular trends apart from random fluctuations
Moving Averages
Exponential Smoothing
Accuracy
MAPE (mean absolute percentage error)
MAD (mean absolute deviation
RMSE (root mean squared error)
Regression Approach
Multilinear regression model with no cyclical component
Forecasting with time series autoregressive models
Forecasting limits
One step
Two Step
M step
Autocorrelation
Goal: to correlate time series residuals at different points in time
Properties
Tends to be positive
Diminishes over time
First order autoregressive error model
Autoregressive error
Media attachments
Screen+Shot+2019 05 01+At+1.32.29+Pm (binary/octet-stream)
Show full summary
Hide full summary
Want to create your own
Mind Maps
for
free
with GoConqr?
Learn more
.
Similar
Spanish: Talking About Everyday Things
Niat Habtemariam
AQA GCSE Physics Unit 2.1
Matthew T
Basic Spanish Vocabulary
Alice McClean
Of Mice and Men Quotes
_Jess_
Chemistry unit 2
36jessieh
AQA A2 Biology Unit 4: Populations
Charlotte Lloyd
The Tempest Key Themes
Joe Brown
Photosynthesis and Respiration
Jessica Phillips
Romeo & Juliet Quotes
Lucy Hodgson
What You Can Do Using GoConqr
Micheal Heffernan
2PR101 1.test - 3. část
Nikola Truong
Browse Library