Time Series Decomposition

Moderator
4876 Views
Highlighted
Moderator boefraty
Moderator

Time Series Decomposition

Time series decomposition is an essential analytics tool to understand the time series and to improve the forecast. Current visual implements well known “Seasonal and Trend decomposition using Loess”.

 

The time series decomposed into three components: "seasonal", "trend" and the "reminder". The included R script provides several types of plots.

Capture_ts_decomp_variations.JPG