Introduction

Time series analysis is applicable in a variety of disciplines such as business administration, economics, public finances, engineering, statistics, econometrics, mathematics and actuarial sciences. Forecasting the future assists in critical organizational planning activities. Time series analysis is employed by many different organizations such as hospitals, universities, commercial enterprises or government organizations in order to forecast future scenarios.

highlights effective applications and descriptions of classical and contemporary forecasting methods. Readers will learn how these methods work and how these approaches can be used to forecast real life time series. Each volume presents topics written by experts in mathematical modeling and forecasting. The book series is a valuable resource for students, statisticians and working professionals interested in advanced time series analysis.