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
about 5 years ago
79
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
THEMES IN KING LEAR
Sarah-Elizabeth
Geometry Formulas
Selam H
Developmental Psychology - Freud, Little Hans (1909)
Robyn Chamberlain
Novidades: Mapas Mentais de ExamTime
miminoma
Quick tips to improve your Exam Preparation
James Timpson
Physics: Energy resources and energy transfer
katgads
Physics 1A - Energy
Zaki Rizvi
Maths
xcathyx99
Biology B1.1 - Genes
raffia.khalid99
Chemistry 1
Peter Hoskins
RadioTelefonia
Adriana Forero
Browse Library