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Time Series Analysis with Python Cookbook

You're reading from   Time Series Analysis with Python Cookbook Practical recipes for exploratory data analysis, data preparation, forecasting, and model evaluation

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Product type Paperback
Published in Jun 2022
Publisher Packt
ISBN-13 9781801075541
Length 630 pages
Edition 1st Edition
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Author (1):
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Tarek A. Atwan Tarek A. Atwan
Author Profile Icon Tarek A. Atwan
Tarek A. Atwan
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Table of Contents (18) Chapters Close

Preface 1. Chapter 1: Getting Started with Time Series Analysis 2. Chapter 2: Reading Time Series Data from Files FREE CHAPTER 3. Chapter 3: Reading Time Series Data from Databases 4. Chapter 4: Persisting Time Series Data to Files 5. Chapter 5: Persisting Time Series Data to Databases 6. Chapter 6: Working with Date and Time in Python 7. Chapter 7: Handling Missing Data 8. Chapter 8: Outlier Detection Using Statistical Methods 9. Chapter 9: Exploratory Data Analysis and Diagnosis 10. Chapter 10: Building Univariate Time Series Models Using Statistical Methods 11. Chapter 11: Additional Statistical Modeling Techniques for Time Series 12. Chapter 12: Forecasting Using Supervised Machine Learning 13. Chapter 13: Deep Learning for Time Series Forecasting 14. Chapter 14: Outlier Detection Using Unsupervised Machine Learning 15. Chapter 15: Advanced Techniques for Complex Time Series 16. Index 17. Other Books You May Enjoy

Detecting outliers using the Tukey method

This recipe will extend on the previous recipe, Detecting outliers using visualizations. In Figure 8.5, the box plot showed the quartiles with whiskers extending to the upper and lower fences. These boundaries or fences were calculated using the Tukey method.

Let's expand on Figure 8.5 with additional information on the other components:

Figure 8.10 – Box plot for the daily average taxi passengers data

Visualizations are great to give you a high-level perspective on the data you are working with, such as the overall distribution and potential outliers. Ultimately you want to identify these outliers programmatically so you can isolate these data points for further investigation and analysis. This recipe will teach how to calculate IQR and define points that fall outside the lower and upper Tukey fences.

How to do it...

Most statistical methods allow you to spot extreme values beyond a certain threshold...

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