Data Skeptic

[MINI] Stationarity and Differencing

May 20, 2016 · 13 min · 13.1 MB
0:00-13:38

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Mystery shoppers and fruit cultivation help us discuss stationarity - a property of some time serieses that are 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 prediction.