Learning Objectives
- What is Time Series Decomposition
- Why Time Series Decomposition
- Time Series Decomposition - Implementation
- Notebook
What is Time Series Decomposition?
- Time series decomposition involves considering a series as a combination of trend, seasonality, and noise components.
- Don’t worry about some of the terms that are not familiar to you. You will get to know them as you progress through the course.
- Decomposition provides a useful abstract model for thinking about time series generally and for better understanding problems during time series analysis and forecasting.
Why Time Series Decomposition?
In the video below, the instructor discusses time series decomposition in detail and its implementation using a real-world dataset.
Notebook
https://github.com/srivatsan88/End-to-End-Time-Series/blob/master/TimeSeries_Decompose.ipynb