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 Title: Forecasting: Principles and Practice
 Author(s): Rob J. Hyndman and George Athanasopoulos
 Publisher: Otexts; 3rd ed. edition (May 31, 2021)
 Paperback: 442 pages
 eBook: HTML
 Language: English
 ISBN10: 0987507133
 ISBN13: 9780987507136
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Book Description
Forecasting is required in many situations. Deciding whether to build another power generation plant in the next five years requires forecasts of future demand. Scheduling staff in a call centre next week requires forecasts of call volumes. Stocking an inventory requires forecasts of stock requirements. Telecommunication routing requires traffic forecasts a few minutes ahead. Whatever the circumstances or time horizons involved, forecasting is an important aid in effective and efficient planning.
This textbook provides a comprehensive introduction to forecasting methods and presents enough information about each method for readers to use them sensibly. Examples use R with many data sets taken from the authors' own consulting experience.
It uses R throughout the book and it's intended students to learn how to forecast with R. R is free and available on almost every operating system. It is a wonderful tool for all statistical analysis, not just for forecasting.
About the Authors Professor Rob J. Hyndman is an Australian statistician based at Monash University, Melbourne, Australia.
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