Introduction to Time Series Analysis and Forecasting

Thoroughly updated throughout, Time Series Forecasting, Third Edition presents the underlying theories of times series analysis needed to analyze time-oriented data and construct real-world short-to-medium-term statistical forecasts. Authored by highly experienced academics and professionals in engineering statistics, the Third Edition features discussions on both popular and modern time series methodologies as well as introduction to Bayesian methods in forecasting. This new edition has been updated to feature new exercises and real-world examples, consolidated sections and shortened explanations to aid student comprehension, all-new videos that guide students through difficult concepts and topics, and updated ancillary resources including a solutions manual for instructors and students. Time Series Forecasting, Third Edition is an ideal textbook for upper-undergraduate and graduate-level courses in forecasting and time series. The book is also an excellent reference for practitioners and researchers who need to model and analyze time series data to generate forecasts.