Time series forecasting: from naive to ARIMA and beyond

Simple and complex forecasting techniques for business decisions

Mahbub Alam
Towards Data Science
6 min readDec 28, 2019

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  • Building another power plant in the next five years requires forecasts of future demand;
  • Scheduling staff in a call center next week requires forecasts of next weeks’ call volumes;
  • Stocking an inventory of…

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