Can You Predict the Future by Looking at the Past? Since accurate forecasting requires more than just inserting historical data into a model, Forecasting: Methods and Applications, 3/e, adopts a managerial, business orientation. Integrated throughout this text is the innovative idea that explaining the past is not adequate for predicting the future. Inside, you will find the latest techniques used by managers in business today, discover the importance of forecasting and learn how it′s accomplished. And you′ll develop the necessary skills to meet the increased demand for thoughtful and realistic forecasts. New features in the third edition include: ∗ An emphasis placed on the practical uses of forecasting. ∗ All data sets used in this book are available on the Internet, together with supplementary material. This can be found at http://robjhyndman.com/forecasting/ ∗ Comprehensive coverage provided on both quantitative and qualitative forecasting techniques. ∗ Includes many new developments in forecasting methodology and practice.
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Can You Predict the Future by Looking at the Past? Since accurate forecasting requires more than just inserting historical data into a model, Forecasting: Methods and Applications, 3/e, adopts a managerial, business orientation. Integrated throughout this text is the innovative idea that explaining the past is not adequate for predicting the future. Inside, you will find the latest techniques used by managers in business today, discover the importance of forecasting and learn how it′s accomplished. And you′ll develop the necessary skills to meet the increased demand for thoughtful and realistic forecasts. New features in the third edition include: ∗ An emphasis placed on the practical uses of forecasting. ∗ All data sets used in this book are available on the Internet. ∗ Comprehensive coverage provided on both quantitative and qualitative forecasting techniques. ∗ Includes many new developments in forecasting methodology and practice.
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First Sentence
Frequently there is a time lag between awareness of an impending event or need and occurrence of that event. Read the first page
Front Cover | Copyright | Table of Contents | Excerpt | Index | Back Cover
Frequently there is a time lag between awareness of an impending event or need and occurrence of that event. Read the first page
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Front Cover | Copyright | Table of Contents | Excerpt | Index | Back Cover
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Most Helpful Customer Reviews
15 of 15 people found the following review helpful
By A Customer
Format:Hardcover
An excellent text that starts from the very basics and goes through the latest methods. Also, because it avoids linear algebra where it can it is very readable by the non-mathematicians. However, mathematically strong readers should find it very useful since it states in plain English the intuition behind each method. Note, that I had been puzzled by the first review of this text especially about the Greek alphabet which although it would have been no problem still was misleading about the level of difficulty. A GREAT TEXT AND A MUST FOR INITIATION IN FORECASTING and even contains basic resources for the first time student of forecasting. I think no more than a standard introductory course in statistics is needed to go through the material.
10 of 11 people found the following review helpful
Format:Hardcover
This is a great book to start you off in forecasting. Spyros Makridakis proves again that he can present his excellent ideas in a simple way, making them intelligible for students of different levels (the only prerequisite is your knowledge of simple math). So, whether you new in forecasting or you want to brush up your knowledge -- this book is an ultimate choice.
3 of 3 people found the following review helpful
Format:Hardcover
This book is a spectacular overview of forecasting techniques and probably the best possible introduction book. The plain language is very easy to understand, and further readings have been provided tediously. I agree that you have to have some understanding of reading equations, but you don't have to be a mathematician in order to understand this book. If you feel that you might not be competent enough, start from the first chapter and advance. The author begins from the very basic ideas and adds on in each reading, where after finishing the book I felt that it prepared me for more advanced scientific journals.
Even though I found the examples very informative, if you're looking for a McGraw-Hill type of university textbook that provides step-by-step examples in every single topic, this book may not be right for you.
Even though I found the examples very informative, if you're looking for a McGraw-Hill type of university textbook that provides step-by-step examples in every single topic, this book may not be right for you.
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5.0 out of 5 stars
A basic forecasting tool-kit
This is an excellent book on applied time series methods at a basic level.
All methods used are in time domain. Read more
All methods used are in time domain. Read more
Published on 16 July 2009 by G. Keogh
4.0 out of 5 stars
A highly mathmatical book - authoritative but difficult
It is hard to turn a page without finding 3 equations and half of the greek alphabet. This book is about the mathmatics of forecasting - it is not the place to come if you want... Read more
Published on 28 Sep 2000 by P. Janeiro
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