Time Series Analysis
Unit 5: Other Time Series Methods
Part 2: Multivariate Time Series Modelling
Lesson: 2 – State Space Modelling – Prediction and Estimation
Notes, Code, Data: https://tinyurl.com/Time-Series-Analysis-NotesData
Creating a time series forecast when the series has a trend. Use excel’s „slope“ and „intercept“ commands to estimate the equation for a line and use it to forecast future values. Create a historical forecast using the line and compare it to actual data to evaluate the likely precision of your forecast.