Stationarity and Differencing

Data Skeptic

• Episode: Stationarity and Differencing
• Website: Data Skeptic
• Feed URL: https://dataskeptic.com/api/blog/rss
• Published: 2016-05-20 02:00

Mystery shoppers and fruit cultivation help us discuss stationarity - a type of time series that is invariant to time in several ways. Differencing is one approach that can often convert a non-stationary process into a stationary one. If you have a stationary process, you get the benefits of many known statistical properties that can enable you to do a significant amount of inferencing and predict