Introducing Time Series
Welcome to Modern Time Series Forecasting with Python! This book is intended for data scientists or machine learning (ML) engineers who want to level up their time series analysis skills by learning new and advanced techniques from the ML world. Time series analysis is something that is commonly overlooked in regular ML books, courses, and so on. They typically start with classification, touch upon regression, and then move on. But it is also something that is immensely valuable and ubiquitous in business. We look at the world from a three-dimensional perspective. Time is the hidden dimension that we rarely think about, but is all-pervasive. And as long as time is one of the four dimensions in the world we live in, time series data is all-pervasive too.
Analyzing time series data unlocks a lot of value for a business. Time series analysis isn’t new—it’s been around since the 1920s. But in the current age of data, the time series that...