Chapter 1: Why Industry Needs Data Mining For Forecasting

1.1 Overview

1.2 Forecasting Capabilities as a Competitive Advantage

1.3 The Explosion of Available Time Series Data

1.4 Some Background on Forecasting

1.5 The Limitations of Classical Univariate Forecasting

1.6 What is a Time Series Database?

1.7 What is Data Mining for Forecasting?

1.8 Advantages of Integrating Data Mining and Forecasting

1.9 Remaining Chapters

 

1.1 Overview

In today's economic environment there is ample opportunity to leverage the numerous sources of time series data that are readily available to the savvy decision maker. This time series data can be used for business gain if the data is converted first to information and then to knowledge—knowing what to make when ...

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