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Hands-On Time Series Analysis with R

You're reading from  Hands-On Time Series Analysis with R

Product type Book
Published in May 2019
Publisher Packt
ISBN-13 9781788629157
Pages 448 pages
Edition 1st Edition
Languages
Author (1):
Rami Krispin Rami Krispin
Profile icon Rami Krispin
Toc

Table of Contents (14) Chapters close

Preface 1. Introduction to Time Series Analysis and R 2. Working with Date and Time Objects 3. The Time Series Object 4. Working with zoo and xts Objects 5. Decomposition of Time Series Data 6. Seasonality Analysis 7. Correlation Analysis 8. Forecasting Strategies 9. Forecasting with Linear Regression 10. Forecasting with Exponential Smoothing Models 11. Forecasting with ARIMA Models 12. Forecasting with Machine Learning Models 13. Other Books You May Enjoy

Forecasting monthly vehicle sales in the US – a case study

In this chapter, we will focus on forecasting the total monthly vehicle sales in the US in the next 12 months with ML methods. The total monthly vehicle sales in the US series is available in the TSstudio package:

library(TSstudio)

data(USVSales)

Before we start preparing the series and create new features, we will conduct a short exploratory analysis of the series in order to identify the main characteristics of the series.

Exploratory analysis of the USVSales series

In this section, we will focus on exploring and learning about the main characteristics of the series. These insights will be used to build new features as inputs for the ML model. The exploratory...

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