Forecasting Training in Riga

Audience

This course has been created for analysts, forecasters wanting to introduce or improve forecasting which can be related to sale forecasting, economic forecasting, technology forecasting, supply chain management and demand or supply forecasting.

Description

This course guides delegates through series of methodologies, frameworks and algorithms which are useful when choosing how to predict the future based on historical data.

It uses standard tools like Microsoft Excel or some Open Source programs (notably R project).

The principles covered in this course can be implemented by any software (e.g. SAS, SPSS, Statistica, MINITAB ...)

This instructor-led, live training in Riga (online or onsite) is aimed at intermediate-level data analysts and business professionals who wish to perform time series forecasting and automate data analysis workflows using R.

By the end of this training, participants will be able to:

• Understand the fundamentals of forecasting techniques in R.
• Apply exponential smoothing and ARIMA models for time series analysis.
• Utilize the ‘forecast’ package to generate accurate forecasting models.
• Automate forecasting workflows for business and research applications.