Trend and Seasonality
2019
In the last part of this book, we present some elementary methods to deal with time series data. This type of data has already appeared in Chaps. 1 and 2. The example uses monthly sales data of cold weather gear. The analysis is mostly graphical, based on a linear trend with multiplicative seasonals. This provides a simple model for describing the past behavior of the data and for forecasting the values for the next year.
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