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Time Series - Applications
  • 时间:2024-10-18

Time Series - Apppcations


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We discussed time series analysis in this tutorial, which has given us the understanding that time series models first recognize the trend and seasonapty from the existing observations and then forecast a value based on this trend and seasonapty. Such analysis is useful in various fields such as −

    Financial Analysis − It includes sales forecasting, inventory analysis, stock market analysis, price estimation.

    Weather Analysis − It includes temperature estimation, cpmate change, seasonal shift recognition, weather forecasting.

    Network Data Analysis − It includes network usage prediction, anomaly or intrusion detection, predictive maintenance.

    Healthcare Analysis − It includes census prediction, insurance benefits prediction, patient monitoring.

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