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An Introduction to Time Series Analysis

Time series analysis refers to the method of examining data that is in a sequence of time periods or intervals. In the video below, you’ll learn how to perform time series analysis faster and simpler than ever before using RapidMiner.

How exactly? RapidMiner Studio now includes a bundled time series extension with windowing operator and easier to use parameters. Join Data Scientist Dr. Fabian Temme for this demo on a time series data set.

In this video, you will:

  • Explore the data, applying transformations to smoothen out noise, investigate derivatives and analyzing the frequency spectrum
  • Transform the time series data into a data set suitable for forecasting using standard machine learning techniques
  • Validate the performance of forecasting models and optimize your forecasting capabilities