Title: Forecasting: Principles and Practice, 2nd Edition
Authors: Rob J Hyndman, George Athanasopoulos
Publisher: OTexts
Description:
“Forecasting: Principles and Practice,” now in its 2nd edition, authored by Rob J Hyndman and George Athanasopoulos, and published by OTexts, is a comprehensive guide to the theory and application of forecasting methods. This textbook offers a thorough exploration of forecasting principles, techniques, and best practices, suitable for both novice forecasters and experienced practitioners. Through clear explanations, practical examples, and hands-on exercises using the R programming language, the authors cover a wide range of forecasting methods, including time series analysis, regression-based models, and machine learning approaches. With updated content reflecting the latest advancements in forecasting research and technology, this edition provides readers with the knowledge and skills necessary to generate accurate and reliable forecasts in various domains, such as business, economics, finance, and environmental science. Whether used in academic courses or as a reference for forecasting professionals, “Forecasting: Principles and Practice” serves as an invaluable resource for understanding and mastering the art and science of forecasting.