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Page 39 of 88 pages. Chapter: 8: Time Series and Forecasting More information about chapter

Learning Objectives for
"Time Series and Forecasting"

Learning objectives:

After studying this section and associated reading, you should be able to:

  • Explain the purpose of Time Series analysis
  • Explain the components of the additive and multiplicative models
  • Explain the methods available for establishing the trend of a time series
  • Find the seasonal variation in a time series
  • Use the components of a time series to produce a forecast
  • Use exponential smoothing to produce a forecast

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