We’re currently in the phase of the Forecast Friday series that discusses ARIMA models. This week’s post was to discuss the autoregressive (AR), moving average (MA) and autoregressive moving average (ARMA) models, and then the posts for the next three weeks would delve into ARIMA models. Given the complexity of the topic, along with increasing client load at Analysights, I no longer have the time to cover this topic in the detail it requires. Therefore, I have decided pull ARIMA out of the series. Forecast Friday will resume February 3, when we will begin our discussion of judgmental forecasting methods.
For those of you interested in learning about ARIMA, I invite you to check out some resources that have helped me through college and graduate school:
- Introductory Business & Economic Forecasting, 2nd Edition. Newbold, P. and Bos, T., Chapter 7.
- Forecasting Methods and Applications,3rd Edition. Makridakis,S., Wheelwright, S. and Hyndman, R., Chapters 7-8.
- Introducing Econometrics. Brown, W., Chapter 9.
I apologize for this inconvenience, and thank you for your understanding.
Tags: Analysights, AR, ARIMA, ARMA, autoregressive, Autoregressive Integrated Moving Average Models, Autoregressive Moving Average models, Forecast Friday, Forecasting Methods and Applications 3rd Edition, Introducing Econometrics, Introductory Business & Economic Forecasting, MA, moving average, Newbold & Bos, Paul Newbold, Rob J. Hyndman, Spyros Makridakis, Steven C. Wheelwright, Theodore Bos, William S. Brown