Week 9: ARIMA models

What you will learn this week

  • Seasonal ARIMA models
  • Computing forecasts for ARIMA models
  • ARIMA vs ETS models

Pre-class activities

Read Sections 9.8-9.10 of the textbook and watch all embedded videos

Exercises (on your own or in tutorial)

Complete Exercises 6-10 from Section 9.11 of the book.

Solutions to Exercises

Slides for seminar

Download pdf

Seminar activities

For the Australian accommodation data (aus_accommodation)

  • Fit a suitable ARIMA model to Occupancy for each states, using data from 2010.
  • Produce 4-year forecasts of your fitted models.
  • Check the forecasts for Victoria. Do they look reasonable?

R code used in seminar