Chapter 21: Consequences of Data Quantity and Data Completeness in Time Series Forecasting
21.2 Effect of the Length of the Available Time History
21.3 Optimal Length of the Available Time History
Self-assessment of time series data
21.1 Introduction
This chapter examines the influence of the length of the available data history of a time series on the quality of the forecast for future periods. The results of simulation studies that are presented in this chapter address the importance of long time histories to performing good time series forecasting.
