Applied Data Mining for Forecasting Using SAS

Chapter 8: Model Building: ARMA Models

Introduction

8.1 ARMA Models

8.1.1 AR Models: Concepts and Application

8.1.2 Moving Average Models: Concepts and Application

8.1.3 Auto Regressive Moving Average (ARMA) Models

Appendix 1: Useful Technical Details

Appendix 2: The “I” in ARIMA

Introduction

This chapter is intended to be a model building guide for the forecasting practitioner. The applied, data-driven focus of the book continues here. The aim is to provide useful tools for extracting and extrapolating relevant information from the data at hand in a robust and straightforward way. Emphasis is placed on developing your intuition regarding the techniques presented and on the process of model building associated with time series data. Technical ...