Forecasting Technique Course
Acquire hands-on skills in forecasting techniques for monthly sales data. Delve into time series analysis, ARIMA and ETS models, feature engineering, model comparison, and evaluation methods to generate precise 6-month projections that inform superior marketing strategies, inventory control, and revenue growth decisions. This course equips you with tools to transform data into actionable business insights.

from 4 to 360h flexible workload
valid certificate in your country
What will I learn?
Gain expertise in practical forecasting methods to develop dependable 6-month sales forecasts from actual monthly data. This targeted course covers cleaning and validating CSV files, creating calendar and promotion features, implementing ARIMA, ETS, and regression models, assessing performance via backtests, and producing insightful forecast reports to enhance planning, inventory management, and marketing budget allocation.
Elevify advantages
Develop skills
- Time series feature engineering: rapidly construct promotion, calendar, and lag features.
- ARIMA, ETS, and SARIMA modelling: implement, adjust, and evaluate forecasts effectively.
- Forecast assessment: conduct backtests, analyse error metrics, and check residual patterns.
- Machine learning forecasting: utilise tree-based models with lags for reliable short-term gains.
- Operational 6-month forecasting: convert predictions into practical inventory and marketing plans.
Suggested summary
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