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ineuron-assignments

milk-production-forecasting-using-time-series-analysis-arima-

A time series is a series of data points indexed (or listed or graphed) in time order. Time series analysis comprises methods for analysing time series data in order to extract meaningful statistics and other characteristics of the data. Time series forecasting is the use of a model to predict future values based on previously observed values. Here, ARIMA (autoregressive integrated moving average) model will be used to forecast the milk production for next 2 years.

multicollinearity