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Forecasting: Methods and Applications Hardcover – December 1, 1997

ISBN-13: 978-0471532330 ISBN-10: 0471532339 Edition: 3rd

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Forecasting: Methods and Applications + Survival Analysis Using SAS: A Practical Guide, Second Edition + Introductory Econometrics: A Modern Approach
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Product Details

  • Hardcover: 656 pages
  • Publisher: Wiley; 3 edition (December 1997)
  • Language: English
  • ISBN-10: 0471532339
  • ISBN-13: 978-0471532330
  • Product Dimensions: 9.1 x 7.9 x 1.2 inches
  • Shipping Weight: 2.6 pounds (View shipping rates and policies)
  • Average Customer Review: 4.3 out of 5 stars  See all reviews (19 customer reviews)
  • Amazon Best Sellers Rank: #461,895 in Books (See Top 100 in Books)

Editorial Reviews

From the Back Cover

Can You Predict the Future by Looking at the Past? Since accurate forecasting requires more than just inserting historical data into a model, Forecasting: Methods and Applications, 3/e, adopts a managerial, business orientation. Integrated throughout this text is the innovative idea that explaining the past is not adequate for predicting the future. Inside, you will find the latest techniques used by managers in business today, discover the importance of forecasting and learn how it's accomplished. And you'll develop the necessary skills to meet the increased demand for thoughtful and realistic forecasts. New features in the third edition include:
* An emphasis placed on the practical uses of forecasting.
* All data sets used in this book are available on the Internet.
* Comprehensive coverage provided on both quantitative and qualitative forecasting techniques.
* Includes many new developments in forecasting methodology and practice.

More About the Author

Professor Rob J Hyndman (1967-) is an Australian statistician currently based at Monash University, Melbourne, Australia. He is best-known for his work in statistical forecasting, and is Editor-in-Chief of the International Journal of Forecasting. In 2007, he won the Moran medal from the Australian Academy of Science for his contributions to research in statistics. Further information is available on his website: robjhyndman.com

Customer Reviews

4.3 out of 5 stars
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The explanaitions are good and the examples clear.
Mauricio
I read this book prior to taking some SAS forecasting classes - it was a great preparation for my training.
Andrew Harrison
This is a great add-on for anyone doing forecasting!
Vito Perez

Most Helpful Customer Reviews

25 of 25 people found the following review helpful By Frederic Horst on December 13, 2003
Format: Hardcover
The book provides coverage of three important areas:
- Basic forecasting tools and methods - summarizing data, statistical tools, regression, as well as some material on more advanced forecasting methods
- Data preparation - time series decomposition, smoothing methods
- A discussion of the issues involved in forecasting - long term versus short term forecasting, accuracy of forecasts, the importance and limitations of judgmental forecasts and combining these with statistical forecasts
I was fortunate enough to stumble across this book in a colleagues office and believe this book should belong in every market research professional's shelf.
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26 of 27 people found the following review helpful By Jean Louis Piraux on April 29, 1998
Format: Hardcover
Excellent book written with the practitioner in mind. Mathematical formalism kept to a minimum. The last 4 chapters (about judgmental forecasting and practical aspects of forecasting) are a plus vs. other books.
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26 of 29 people found the following review helpful By A Customer on March 23, 2000
Format: Hardcover
This book was not only recommended, but given to me as a MUST READ at work. Excellent practical approach to the theory with a minimum of formulation. Good practical examples and demos. I recommend it as a training manual for new analysts on the job.
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9 of 10 people found the following review helpful By tones15327 on March 12, 2004
Format: Hardcover Verified Purchase
Chapters 3 and 4, and on covered the vital information that is useful for inventory system forecasting at the SKU level, and for measuring the accuracy of the forecasts. This book was extremely helpful in that regard. Highly recommended.
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4 of 4 people found the following review helpful By Mauricio on July 5, 2006
Format: Hardcover Verified Purchase
I've been in the field for a few years now and I finally found a book that explains and summarizes the forecasting theory so good. This is my reference book now. I use it to teach my engineers in the subject and for personal reference as well. It provides new information that wasn't available 10 years ago. The explanaitions are good and the examples clear.
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3 of 3 people found the following review helpful By RobertK on December 19, 2007
Format: Hardcover
If you begin a journey of analyzing time series this is the book for you. Excellent book for every student - you must have and read it. I highly recommend, not to mentioned the fact that at the Web site of Prof. Rob J Hyndman are the data and "forecasting bundle of R packages provides new forecasting methods, and graphical tools for displaying and analysing forecasts" methods explain in that book.
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1 of 1 people found the following review helpful By Mikhail on March 31, 2013
Format: Hardcover Verified Purchase
I've just read this=) It's simple enough for those who are not specialist in computation math and statistics/probability.
You can understand general conceptions of book even if you have quite poor math skills (and poor English, like me=).
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1 of 1 people found the following review helpful By Stevenm Rollins on December 29, 2010
Format: Hardcover Verified Purchase
I bought this book over a year ago and have been using it weekly for that year. Yes, I have many other books on Time Series Analysis, but none are as clear and concise as this one. If you just need to know then this is the first book to pick up. It gives the basics and helps you achieve understanding.
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