Chapter 1: Introducing Time Series Analysis
In this introductory chapter, we’ll examine the concept of time series, explore some examples and case studies, and then understand how Time Series Analysis (TSA) can be useful in different frameworks and applications. Finally, we’ll provide a brief overview of the forecasting models used over the years, highlighting their key features, which will be further explored in the following chapters.
In this chapter, we will cover the following topics:
- Understanding TSA and its importance within data analytics
- Time series properties and examples
- TSA goals and applications
- Overview of the main forecasting techniques used over the years
By the end of the chapter, you will have a good understanding of the key aspects of TSA, gaining the foundation to explore the subsequent chapters of the book with greater confidence.
