How is time series forecasting different from traditional regression?

Asked by Last Modified  

1 Answer

Follow 1
Answer

Please enter your answer

Good teacher teaching online Class 9 and Class 10 CBSE

Time series assumes that the data is ordered and dependent on time, while regression assumes that the data is independent and random. Time series uses methods such as smoothing, decomposition, autocorrelation, and ARIMA models, while regression uses methods such as linear, logistic, polynomial, and multivariate...
read more
Time series assumes that the data is ordered and dependent on time, while regression assumes that the data is independent and random. Time series uses methods such as smoothing, decomposition, autocorrelation, and ARIMA models, while regression uses methods such as linear, logistic, polynomial, and multivariate models. read less
Comments

Related Questions

which is the best college or institute for Data analysis course certificate with Fresher placement support in pune?
Hi.. There are the institutes conducting online courses. Like for example, Simplilearn Edureka. Particularly in pune, ExcelR* Hope it will helpful. *before joining compare with other institutes.
Priya
0 0
5
Is that possible to do machine learning course after b.com,mbaFinance and marketing?
Yes, you can. But as we know very well machine learning needs some programming fundamentals as well. So you have to go through a little touch up of programming and algorithms.
Priya
What are Newton's laws?
Newton's First Law states that an object will remain at rest or in uniform motion in a straight line unless acted upon by an external force. It may be seen as a statement about inertia, that objects will...
Meenakshi S.
Which are the best course, big data or data science, for beginners with a non-tech background?
You are saying that you are from non technical background so it is better to choose Data science even lot of people from commerce group's joining in this. You should have a passion to learn then there is a lot of opportunities out side. All the best
Priya

Now ask question in any of the 1000+ Categories, and get Answers from Tutors and Trainers on UrbanPro.com

Ask a Question

Related Lessons

Learn Data Science In 8 Steps
8 Steps To Learn Data Science There have been a lot of surveys over the past few years on the educational background of data scientists. As a result, there have also been many different results. In the...

Practical use of Linear Regression Model in Data Science
Multiple regressions are an extension of simple linear regression. It is used when we want to predict the value of a continuous variable based on the value of two or more other independent or predictor...

What is Time Series?
What is a Time Series? Time Series data is a series of data points indexed or listed or graphed with an equally spaced period. Time series forecasting is the use of the model to predict future values...

Things to learn in Python before choosing any Technological Vertical
Day 1: Python Basics Objective: Understand the fundamentals of Python programming language. Variables and Data Types (Integers, Strings, Floats, Booleans) Basic Input and Output (using input()...

DATA SCIENCE UNLEASHED Demo
DATA SCIENCE live demo recording This Demo addresses most of your basic questions about Data Science like What is Data Science ? What are the Pre requisites ? What all should I learn to call myself...
G

Gravitty

2 0
0

Recommended Articles

Whether it was the Internet Era of 90s or the Big Data Era of today, Information Technology (IT) has given birth to several lucrative career options for many. Though there will not be a “significant" increase in demand for IT professionals in 2014 as compared to 2013, a “steady” demand for IT professionals is rest assured...

Read full article >

Applications engineering is a hot trend in the current IT market.  An applications engineer is responsible for designing and application of technology products relating to various aspects of computing. To accomplish this, he/she has to work collaboratively with the company’s manufacturing, marketing, sales, and customer...

Read full article >

Almost all of us, inside the pocket, bag or on the table have a mobile phone, out of which 90% of us have a smartphone. The technology is advancing rapidly. When it comes to mobile phones, people today want much more than just making phone calls and playing games on the go. People now want instant access to all their business...

Read full article >

Information technology consultancy or Information technology consulting is a specialized field in which one can set their focus on providing advisory services to business firms on finding ways to use innovations in information technology to further their business and meet the objectives of the business. Not only does...

Read full article >

Looking for Data Science Classes?

Learn from the Best Tutors on UrbanPro

Are you a Tutor or Training Institute?

Join UrbanPro Today to find students near you