Time Series Algorithms Recipes: Implement Machine Learning and Deep Learning Techniques with Python

© Akshay R Kulkarni, Adarsha Shivananda, Anoosh Kulkarni, V Adithya Krishnan 2023

A. R. Kulkarni et al.Time Series Algorithms Recipeshttps://doi.org/10.1007/978-1-4842-8978-5_2

2. Statistical Univariate Modeling

Akshay R Kulkarni¹  , Adarsha Shivananda², Anoosh Kulkarni³ and V Adithya Krishnan⁴

(1)

Bangalore, Karnataka, India

(2)

Hosanagara, Karnataka, India

(3)

Bangalore, India

(4)

Navi Mumbai, India

 

Univariate time series data analysis is the most popular type of temporal data, where a single numeric observation is recorded sequentially over equal time periods. Only the variable observed and its relation to time is considered in this analysis.

The forecasting of future values of this univariate data is done through univariate modeling. In this case, the ...