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Time Series Mastery

Forecasting with ETS, ARIMA, Python

Diogo Resende

In today's data-driven world, the ability to accurately forecast and predict future trends is crucial for businesses to stay ahead of the competition. Time series analysis is a powerful tool that allows organizations to unravel patterns and make informed decisions. This course, Time Series Mastery: Unravelling Patterns with ETS, ARIMA, and Advanced Forecasting Techniques, provides a comprehensive introduction to time series analysis and forecasting. You will learn about the most widely used techniques, including Error-Trend-Seasonality (ETS), Autoregressive Integrated Moving Average (ARIMA), and advanced forecasting methods. By the end of this course, you will have the skills and knowledge to apply these techniques to real-world data and make accurate predictions.

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In today's data-driven world, the ability to accurately forecast and predict future trends is crucial for businesses to stay ahead of the competition. Time series analysis is a powerful tool that allows organizations to unravel patterns and make informed decisions. This course, Time Series Mastery: Unravelling Patterns with ETS, ARIMA, and Advanced Forecasting Techniques, provides a comprehensive introduction to time series analysis and forecasting. You will learn about the most widely used techniques, including Error-Trend-Seasonality (ETS), Autoregressive Integrated Moving Average (ARIMA), and advanced forecasting methods. By the end of this course, you will have the skills and knowledge to apply these techniques to real-world data and make accurate predictions.

Targeted at business analysts, data scientists, financial analysts, and market researchers, this course provides essential skills and insights to excel in today's data-driven business environment, equipping learners with the tools to drive strategic decision-making and foster organizational growth.

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What's inside

Syllabus

Time Series Mastery: Forecasting with ETS, ARIMA, Python
In today's data-driven world, the ability to accurately forecast and predict future trends is crucial for businesses to stay ahead of the competition. Time series analysis is a powerful tool that allows organizations to unravel patterns and make informed decisions. This course provides a comprehensive introduction to time series analysis and forecasting. You will learn about the most widely used techniques, including Error-Trend-Seasonality (ETS), Autoregressive Integrated Moving Average (ARIMA), and advanced forecasting methods.

Good to know

Know what's good
, what to watch for
, and possible dealbreakers
Well suited for individuals with business, finance, or data science backgrounds who wish to sharpen their forecasting skills using statistical techniques
Assumes familiarity with time series analysis concepts, making it most appropriate for learners with some prior knowledge in the field
Provides hands-on practice through interactive materials and exercises, allowing learners to apply concepts to real-world scenarios
Taught by instructors with industry experience in forecasting and time series analysis

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Activities

Be better prepared before your course. Deepen your understanding during and after it. Supplement your coursework and achieve mastery of the topics covered in Time Series Mastery: Forecasting with ETS, ARIMA, Python with these activities:
Complete Python tutorials
Build a solid foundation in Python programming, the primary language used in the course.
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  • Complete the official Python tutorial.
  • Find additional tutorials on YouTube or other online platforms.
Refresh programming skills
Brush up on basic programming concepts and techniques to ensure a strong foundation for the course.
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  • Review core programming concepts such as variables, data types, and control flow.
  • Practice writing simple programs to reinforce understanding.
Review math skills
Familiarize yourself with essential math concepts that will be covered at a higher level in the course.
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  • Brush up on basic arithmetic operations (addition, subtraction, multiplication, division).
  • Review concepts from high school algebra (e.g., solving equations, graphing functions).
  • Familiarize yourself with basic calculus concepts (e.g., derivatives, integrals).
12 other activities
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Organize and Review Course Materials
Review course notes and assignments to build a strong foundation
Show steps
  • Gather all study materials from the course
  • Create a system for organizing notes, assignments, and quizzes
  • Review materials to identify areas where further study is needed
Review 'Time Series Analysis: Univariate and Multivariate Methods' by James Hamilton
Gain in-depth knowledge and expand understanding by reading an authoritative text on time series analysis, providing a comprehensive foundation.
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  • Read the chapters relevant to the course topics.
  • Highlight key concepts and make notes on important insights.
Follow tutorials on time series analysis
Deepen understanding of time series analysis techniques through guided tutorials, providing practical examples and step-by-step instructions.
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  • Identify reputable sources for time series analysis tutorials.
  • Follow tutorials that cover the basics of ETS, ARIMA, and advanced forecasting methods.
Attend a Time Series Forecasting Workshop
Enhance your understanding of time series analysis techniques through live instruction and hands-on exercises.
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  • Research and find a relevant workshop.
  • Register for the workshop.
  • Actively participate in the workshop.
Solve time series practice problems
Develop proficiency in applying time series analysis techniques through practice.
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  • Find practice problems online or in textbooks.
  • Practice solving problems using ETS, ARIMA, and other methods.
  • Compare your solutions to expert solutions.
Practice Time Series Forecasting with ETS and ARIMA
Reinforce understanding of forecasting techniques by applying them to practice problems
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  • Identify a dataset with time series data
  • Apply ETS and ARIMA forecasting techniques to the dataset
  • Evaluate the accuracy of the forecasts
Solve practice problems on time series forecasting
Enhance problem-solving skills and gain hands-on experience in applying time series analysis techniques to real-world data.
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  • Find online platforms or textbooks that provide practice problems.
  • Attempt to solve problems using the methods learned in the course.
  • Review solutions and identify areas for improvement.
Personal Forecasting Project
Deepen your understanding by applying time series techniques to a project that interests you.
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  • Identify a problem or opportunity that can be addressed using time series analysis.
  • Collect and prepare the necessary data.
  • Apply time series techniques to analyze the data and derive insights.
  • Communicate and share your findings.
Create a blog post on a time series analysis project
Solidify understanding by sharing knowledge through creating a blog post that demonstrates practical application of time series analysis techniques.
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  • Choose a real-world dataset and perform time series analysis.
  • Write a blog post summarizing the project, including methodology, results, and insights.
Time Series Forecasting Project
Apply course concepts to a real-world forecasting problem
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  • Identify a business problem or opportunity that can benefit from time series forecasting
  • Collect and prepare the necessary data
  • Apply time series forecasting techniques to make predictions
  • Communicate the results and recommendations to stakeholders
Mentor a junior data analyst
Expand knowledge and reinforce understanding by sharing expertise with others, guiding a junior data analyst through time series analysis concepts.
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  • Identify a junior data analyst who could benefit from mentorship.
  • Provide guidance on time series analysis techniques and best practices.
  • Review their work, offer feedback, and support their professional development.
Contribute to an open-source time series analysis library
Deepen understanding and make a meaningful contribution by participating in open-source development, improving the community's resources.
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  • Identify an open-source time series analysis library.
  • Review the codebase and identify areas for improvement.
  • Contribute code changes, documentation improvements, or bug fixes.

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