Acheron Analytics
  • Home
  • Who We Are
  • Services
    • All Data Science Services
    • Fraud and Anomaly Detection
    • Data Engineering And Automation
    • Healthcare Policy/Program ROI Engine
    • Data Analytics As A Service
    • Data Science Trainings >
      • Python, SQL and R Trainings
      • ARIMA And Predictive Model Forecasting
  • Contact
  • Acheron Blog
  • Partners

ARIMA And ETS Forecasting In R

5/5/2018

1 Comment

 

​Accurately forecasting costs, sales, user growth, patient readmission, etc is an important step to providing directors actionable information. This can be difficult to model by hand or in Excel. In addition, using traditional methods like moving averages might not provide enough insight into the various trends and seasonality.

Using models like the ARIMA and ETS provides analysts the ability to predict more accurately and robustly by considering multiple factors like seasonality and trend. What is even better is that languages like R and Python make it much easier for analysts and data teams to avoid all the work they would usually have to do by hand. This can reduce the time to develop a model by more than half and increase accuracy.
Picture

Our team has developed a course to help upskill your analysts in the skills of R programming, ARIMA and ETS. It covers not only the programming aspect, but also helps cover many of the important topics that have to do with time series forecasting like stationarity, autocorrelation and unit roots. This class will help educate your team and improve their ability to use R and develop models for forecasting.

Call To Action

If your department is looking to develop an improve your forecasts and upskill your employees contact us today! We would love to help instruct you and your teams
The Goals Of This Service Are:
  • To understand how to develop and gauge the quality of a complex forecasting model
  • To implement the ARIMA and ETS models in R
  • To understand forecasting vocabulary and concepts
  • To understand how data drives model choice
1 Comment
Caitlin Daniels link
6/15/2022 04:55:22 am

This wass great to read

Reply



Leave a Reply.

    Subscribe Here!

    Our Team

    We are a team of data scientists and network engineers who want to help your functional teams reach their full potential!

    Archives

    November 2019
    September 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    February 2019
    January 2019
    December 2018
    August 2018
    June 2018
    May 2018
    January 2018
    November 2017
    October 2017
    September 2017
    August 2017
    July 2017
    June 2017
    May 2017
    April 2017
    March 2017
    February 2017

    Categories

    All
    Big Data
    Data Engineering
    Data Science
    Data Science Teams
    Executives
    Executive Strategy
    Leadership
    Machine Learning
    Python
    Team Work
    Web Scraping

    RSS Feed

    Enter your email address:

    Delivered by FeedBurner

  • Home
  • Who We Are
  • Services
    • All Data Science Services
    • Fraud and Anomaly Detection
    • Data Engineering And Automation
    • Healthcare Policy/Program ROI Engine
    • Data Analytics As A Service
    • Data Science Trainings >
      • Python, SQL and R Trainings
      • ARIMA And Predictive Model Forecasting
  • Contact
  • Acheron Blog
  • Partners