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Posted by ubpdqn on January 11, 2013

Unknown Blogger Mathematica


This book was a disappointment. I accept that the author is professional and passionate in the area of forecasting. However, the book was largely a set of principles and planning, performance and reporting of forecasting  and a series of problems to motivate self-learning. The problems, though stepwise described, are not worked examples with interpretations or idenitification of pitfalls or limitations. Hence, it fails to achieve pragmatism or “hands-on” experiences suggested in the title.

There are a number of useful data sources and list of references.

In contrast, the rather poor quality video (http://www.youtube.com/watch?v=1Lh1HlBUf8k)  of a lecture given by Professor Hyndman is an excellent “hands-on” introduction. Further, the online textbook “Forecasting: principles and practice” (http://otexts.com/fpp/)will prove to be an invaluable currently free online resource.

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