Leap into the future with our AI and ML expertise

Time series Forecasting

Business Objective: Build a Forecasting model to the given data of quarterly US consumer PC sales (1995-2022) and forecast the sales for the next 5 years
 
Technique: Several time series techniques like Exponential Smoothing, ARIMA & AutoReg can be used to model the time series
 
Solution & Approach: 
  • Stationary checks were conducted & modified the series using differencing operators
  • ACF & PACF plots were used to identify AR & MA lags
  • Several techniques were developed using the train dataset & validated on test dataset
Results: