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What is ARIMA Forecasting and How Can it Be Used for Enterprise Analysis?

ElegantJ BI

Business Problem: A pharmaceutical company wants to predict the sales of a drug for the next two months, based on drug sales data from the past 12 months. Data Pattern: Input data exhibits non-stationarity and cyclical pattern.

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What is ARIMA Forecasting and How Can it Be Used for Enterprise Analysis?

ElegantJ BI

Business Problem: A pharmaceutical company wants to predict the sales of a drug for the next two months, based on drug sales data from the past 12 months. Data Pattern: Input data exhibits non-stationarity and cyclical pattern.

article thumbnail

What is ARIMA Forecasting and How Can it Be Used for Enterprise Analysis?

ElegantJ BI

Business Problem: A pharmaceutical company wants to predict the sales of a drug for the next two months, based on drug sales data from the past 12 months. Data Pattern: Input data exhibits non-stationarity and cyclical pattern. About Smarten.