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Under Graduate Degree |
Year module |
NQF level: 6 |
Credits: 12 |
Module presented in English |
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Pre-requisite: STA1501& STA1502 |
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Purpose: To see forecasting as a structured process of classified techniques. After completion students can explore time series data, looking at seasonality, stationarity and trend; classify techniques for forecasting and asses accuracy of forecasts; deal with different characteristics of time series, such as smoothing methods and seasonal models; establish credibility in forecasting and implement the forecasting process. |