Introduction to R for Business Intelligence

Chapter 6. Time Series Analysis

Time series analysis is the most difficult analysis technique presented in this book. One may argue that it does not belong in an introductory book. It is true that this is a challenging topic. However, one may also argue that an introductory awareness of a difficult topic is better than perfect ignorance of it. Time series analysis is a technique designed to look at chronologically ordered data that may form cycles over time. Key topics covered in this chapter include the following:

• Analyzing time series data with linear regression
• Introducing key elements of time series analysis
• Building ARIMA time series models

Time series analysis is an upper-level college statistics course. It is also a demanding topic taught in ...