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ARIMA Forecasting for Australian Gas Production by Ravneet Kaur is a document available to read on EtoBox.
What is ARIMA Forecasting for Australian Gas Production about?
The document explores the Australian monthly gas production dataset from the forecast package in R. It is found to be a time series with monthly frequency from 1956 to 1995. The data shows an increasing trend in gas production starting in the 1970s. The time series is non-stationary but becomes stationary after first differencing. Both auto.arima and manual ARIMA models are developed to forecast gas production for the next 12 periods, with the accuracy of the models also reported.
- Author
- Ravneet Kaur
- Language
- EN