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Course Outline
Problems facing forecasters
- Customer demand planning
- Investor uncertainty
- Economic planning
- Seasonal changes in demand/utilization
- Roles of risk and uncertainty
Time series Forecasting
- Seasonal adjustment
- Moving average
- Exponential smoothing
- Extrapolation
- Linear prediction
- Trend estimation
- Stationarity and ARIMA modelling
Econometric methods (casual methods)
- Regression analysis
- Multiple linear regression
- Multiple non-linear regression
- Regression validation
- Forecasting from regression
Judgemental methods
- Surveys
- Delphi method
- Scenario building
- Technology forecasting
- Forecast by analogy
Simulation and other methods
- Simulation
- Prediction market
- Probabilistic forecasting and Ensemble forecasting
Requirements
This course is part of the Data Scientist skill set (Domain: Analytical Techniques and Methods).
14 Hours
Custom Corporate Training
Training solutions designed exclusively for businesses.
- Customized Content: We adapt the syllabus and practical exercises to the real goals and needs of your project.
- Flexible Schedule: Dates and times adapted to your team's agenda.
- Format: Online (live), In-company (at your offices), or Hybrid.
Price per private group, online live training, starting from 3200 € + VAT*
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Testimonials (2)
The exercises.
Elena Velkova - CEED Bulgaria
Course - Predictive Modelling with R
He was very informative and helpful.