Performing ARIMA time series modeling using Python.
- Import the dataset and required libraries.
- Plot the time series data to check for patterns.
- Check for stationarity; if the data is not stationary, perform differencing.
- Determine the order p, q based on the ACF and PACF plots, and the order d based on the number of differences.
- Train the ARIMA model with the determined orders p, d, q.
- Compare the actual data with the predictions.
- Calculate evaluation metrics such as MSE.
- Make future predictions for a specific period.
This dataset contain list of airline passenger from year 1949 to 1960.
- Python Programming Language
- Google Colab
Python Notebook Click Here!