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SM Module 05 Notes

The document discusses time series analysis and forecasting, highlighting its importance in analyzing data collected over specific time intervals. It outlines the components of time series analysis, including trend, seasonality, cyclic patterns, and irregular variations, along with applications such as forecasting and anomaly detection. Additionally, it details the steps involved in time series analysis, including data collection, cleaning, visualization, decomposition, modeling, and validation.

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jainbhoomi20
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0% found this document useful (0 votes)
2 views9 pages

SM Module 05 Notes

The document discusses time series analysis and forecasting, highlighting its importance in analyzing data collected over specific time intervals. It outlines the components of time series analysis, including trend, seasonality, cyclic patterns, and irregular variations, along with applications such as forecasting and anomaly detection. Additionally, it details the steps involved in time series analysis, including data collection, cleaning, visualization, decomposition, modeling, and validation.

Uploaded by

jainbhoomi20
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

Page No.

Date.

MODULE-05
BesIs OE IIME SERIES ANAYSTs
ANDFORECASTING
>A TPne series Anolysis s a fmportort one -o onalyize he
data, P4 1s a Sequence of dota pairs collected oned r
vecorded at Specific ime gotes voln Seconds, Dqe, morl
year) 2ooute

1- A Dafly Temparortureoreo dBng fn the cityopx


[Link] Soleso doto o-fthe'conpony ar

The Compohents of TPresSeries'Anolysis

[Link]’A long term Pncreasedecreose the dota.


E*House price Qsuolly trends upus otds every deco des.
0. Seosonolty A periodic fletuaton that repeots over
a specifc period.
EKInoease Po?cei~cYeom 6oles în (Sumene.

3 Cycltc ’The long tesm flu ctuotoi Pflaenceby


the bus
ne6seconorn tc Cond i-tion
Ex Business Cycle coithYes1tions and qrowthfaces

Trregular ’A Rondomunpredic to ble vorioBons


Ex- Inpoct of hatuYO| disorders on production
Page No.
Dato.

Applicationsof Time Serlcs Anolysis

Fore caoing i predict future values


ExSoles pred tioO:

eoornaly Detection Tdenthfy abnoTMol pottern


Lxfoode detection 9 eD

Trend Anolysis, Idetfy Long tesn/ deMc lioed


2
Cotol on Montoring : Trock the devia-hions PoproLess
|Ex q40l?ty Control 149-0

Steps o TPrne Sesics Analysis

’Dota collecthonGother observo-tions over fhtime


’Doto cleanfng Hond le. nlssing volàe and fnconsistency
’visualizaHon ’plot +he data -for PilHal unoderstanding
DecomposiHon Spliting to rend and seasonolity
’ Modeltng’ Apply Ppproprote nodel:
Volidarhion E Fore cosHoqTest the model accuracy and pre
dict the future doto
Seosnol Index ’I+ PS Used to measure how mch a pohiculoY

pelod. defer4o frorm overal avcrage,


Seasnol Iodesk = Averaqc of qUQrteYS x/0o
Grond Averoge

Metbod f Moring Averoqe


Page No.
Date.

9-year moving 3-yeg* moYÍng


Y Cor volues
totol Averoge

hot3r
t2
a2+a3 +ay Q2+ag +ay
t3

ag+aH +a s ag+aH +asn


3

Calculote H-yea moving Averoge -for the follocoing dota


2008
Year
201| 20022o03
-03-O4
200H 200s 2006 200+

Droductio Ho HS HO H2. H6 52

’ y ea production H- yeor moving

Va200l-02HD

oti2002-O3
2003-OH HO ba H5t4Q+2t46 H3:2s
2004 -0S 42lsbo toorga [Link]
9YC br2005-06 HO+ H2t+ Gt6.245}obilo
2006 - 0 t 52
2004-o8 56 H2+4 6+52+S6 = 49
swsooa 2008 O95165n

00r H6+52t56tol53"[Link]

Compter5eo Ycar, q-yeo Y for+he folNOINg d¡to


59013v

year 1990 1991|1992||q92 1994996 199Gq93 qgs 994200

6 12 16 18 20 22
valu2
Page No.
Date.
yeas volves5-yeas movin
+9 avesoge 9-yeaT ot mOving
|990 Averoge AverQqe
2+4t6+8t |0 +t6t8+lo +i249+Ht6t8+o+ 124IH4l6+3
=8
)992 4+6+8+10+i2
1993 4+6+8+1o+12tI4 +1d
=8
=0o
1994 Jo 6+8+io+|2+14 4+6tetio+12-+i4+16+I8+20
1995 12
9
6+8+o+ 12+|y+16t18 l
1996
=l2
1998 6+8tio+(2+14ti6tit20422
1999 20
22 12+14ti6-+i8+20
to +12414+1648+2022
i4+i6+1B420+2

, Cornpute H-yeat, 6- yeot & 8- Year movinq overoge -for-the


folouoirq dota

year Values
Soo5

2009

18
20
2 2

2013 20
28
80
apo
S4i1ol-d

y eors volue Htyeqr noing Ayerdge 6y ep norin veraqe 8-year mvihg Areroqe
chuliratà oRtali+
lotIk IHt 6t 8+ko2+24
Qoos 0,
2+14t16-+78 1s 12+|4H +16+l8-20t22 121H+|6ti&+20+2t24420
6
1895
6 11
o8 H+1l6 8+Qot22+24
2009 0 |H4 l6 tl8+ 2ot22+24+20+18
9o0 20
6+820t22
I6+6-+2d+22 -+2 4+20 20
22 L8+lo+22+2H #
le+ 18+20+2+242ot28t30=
H
o + 2 24+20 |6+20 t22+2420t28

2018 20 22
H oit34 2
2014 28 22+H+20+28
20+22 -+2 4tt2b+2880
20 t5 G24
30
-22t2e426-+HBo 5s Date. PNaog.e
H
Page No.
Date.
2Find the Seo Sngl Pnd
esc when quOrter
Gvond Averogc i5.8 over oge O38 ¬

Seasrol Index = quomter Averoge xbo


Grond overa9e

=38

Qa Find the Seasnol inde when quote overGe 82E Grod

Qcallotethe Seasnal iodices from thc follooinq dato,


|sing the AveYaqe fYOm tha folbwlng clota vsing the Averaçe
method
Year I-4

Q009 72
+8

T6
68
+2 fo
Page No.
Dato.

Quorter Average
Averoqe = 2+ T8+ 4t 6+2 =
IST quorter

368+T44 Lo+4+72 l
Sd quorter Averog

3rd quorter Averoqe= 62+78+#2 444+40 E TI·2

4th quarter AverOqc =+6t42+6+2 t68= T2-8


S

ST+F8+H442+6+68TA+*o +*y +#2+62+78+12+74440+76+724


=|Hs0
Total AverageCqro nd avevoqc) l4sO To-s

|Calculote eoch quorter Segsn¡l Podex’ quartr Averoqe


otobataoHc Givand AverOqe
TST quoster Seasnal Indec = TH4x LO0 [02:68
F9-5

ond quorter Seo Snol Index #|G xLoo = 48#50

POO

quorter Seasnol lndexx = 2xoo = 98206

Hth quorter Sea snol tn de #9-8 xlo0 = l00H)3


Page No.
Date.

Thefolloulng toble ShowwS +he quorterly


Sole S Hqure ot
ABC Cormpony over the LGSt
veyerS Colculote +he
Seosnal indec for each
method
quortely usinq Sinqle overOge

year
I TIT
9008
8"5
3l o3D5381H2
Jo10 3-3
3-5

quarter Averoqe

ISt quorter Averoqc = l +)-+ +-5+8-*t 9 = Q52


S

and quortcr Averoqe = 8+3") t8-3 t9:5t86 =3"& 6

= 85+8"8 o+H3++-s = H"o2/


grd quorter Averoge

t -8+3-l +8"3-t35
=.|to + -5 t . t 9
SYond Averogc
Page No.
Date.

ISt quorter Seosoal ndex = Q5Qx0:5eh


3-54
bot

d quorter Seasnol pde = 8"26


3"26 IO0= 9r316

3rd quorter SeaSnal indes =


3.57,

o dex HHe
HH8 s100 =A549
Hth quorter Seasnol

br

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