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#22 Lecture 13 | Autocorrelation Function (ACF) & Partial Autocorrelation Function (PACF)

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Welcome to 'Jan 2024 Business Forecasting' course !
Dive into the world of autocorrelation! This lecture introduces the ACF and PACF, essential tools for understanding time series data. Learn how to calculate these functions and interpret correlograms to reveal hidden patterns and relationships within your data. Understanding ACF and PACF is crucial for building powerful time series models like ARIMA.
NPTEL Courses permit certifications that can be used for Course Credits in Indian Universities as per the UGC and AICTE notifications.
#AutocorrelationFunction #ACF #PartialAutocorrelationFunction #PACF #TimeSeriesAnalysis #Correlogram
Dive into the world of autocorrelation! This lecture introduces the ACF and PACF, essential tools for understanding time series data. Learn how to calculate these functions and interpret correlograms to reveal hidden patterns and relationships within your data. Understanding ACF and PACF is crucial for building powerful time series models like ARIMA.
NPTEL Courses permit certifications that can be used for Course Credits in Indian Universities as per the UGC and AICTE notifications.
#AutocorrelationFunction #ACF #PartialAutocorrelationFunction #PACF #TimeSeriesAnalysis #Correlogram