Advanced Time Series – Multivariate time series forecasting

Time is the most critical factor that influences how a business should operate. That’s why we see sales in stores and e-commerce platforms aligning with holidays or festivals.

Time series modeling is a powerful technique that acts as a gateway to understanding and forecasting trends and patterns. But time series goes well beyond simple regression on a one time series dataset – real world data has many factors that can enrich and strengthen your ability to forecast.

Here we’ll look at Walmart’s sales/demand forecasting dataset as an example.