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Forecasting II - STA2604

Under Graduate Degree Semester module NQF level: 6 Credits: 12
Module presented in English
Pre-requisite: STA1501 (or XTA1501) & STA1502 (or XTA1502)
Purpose: To see forecasting as a structured process of classified techniques. After completion students can explore time series data, looking at seasonality, stationarity and trend; classify techniques for forecasting and asses accuracy of forecasts; deal with different characteristics of time series, such as smoothing methods and seasonal models; establish credibility in forecasting and implement the forecasting process.