ARIMA
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Time Series Methods in Meteorology: A Review of Predictive Models and Applications
Abstract: The accurate prediction of time series data holds substantial significance in various fields, enabling informed decision-making and resource optimization. In this study, temperature variations over time are predicted using the Autoregressive Integrated Moving Average (ARIMA) model. Reliable temperature projections are more important now than ever because of climate change and its effects. For time series prediction problems, the ARIMA model—which is well-known for its ability to capture temporal dependencies in …
Published in Research & Reviews : Journal of Space Science & Technology · Vol. 13, Issue 2, 2024 · pp. 35–46 Read article
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Time Series Sales Forecasting Using ARIMA Model
Abstract: Sales forecasting is a critical application in various industries and presents one of the most challenging problems worldwide. One method of prediction involves identifying patterns in historical data, where the outcome is known in advance and can be validated using more recent data. If a pattern consistently leads to the same outcome, it can be considered a genuine relationship. This method is highly flexible and can be utilized with diverse …
Published in International Journal of Algorithms Design and Analysis Review · Vol. 2, Issue 1, 2024 · pp. 17–27 Read article