✓Understand the fundamental principles of time series data and its significance in forecasting across various industries.
✓Differentiate between various time series forecasting models such as Exponential Smoothing, ARIMA, and Prophet, identifying when to use each model.
✓Apply Exponential Smoothing and Holt-Winters methods to seasonal and trend-based time series data to create accurate forecasts.
✓Implement SARIMA and SARIMAX models in Python, incorporating external variables to enhance the predictive power of your forecasts.
✓Develop time series models using advanced techniques such as Temporal Fusion Transformers (TFT) and N-BEATS to handle complex datasets.
✓Optimize forecasting models by tuning parameters and using ensemble methods to improve accuracy and reliability.
✓Evaluate the performance of different forecasting models using metrics such as MAE, RMSE, and MAPE, ensuring the robustness of your predictions.
✓Code Python scripts to automate the entire time series forecasting process, from data preprocessing to model deployment.
✓Implement deep learning models such as RNN and LSTM to accurately forecast complex time series data, capturing long-term dependencies.
✓Develop and optimize advanced forecasting solutions using Generative AI techniques like Amazon Chronos, incorporating state-of-the-art methods.