Business Forecasting

Catalog description

The course is designed to introduce forecasting techniques needed in the estimation/analysis of temporal data (time series) in various business disciplines. The course focuses on traditional regression and stationary univariate models. Some examples of business application areas include demand forecasting, financial asset return modeling, stochastic volatility modeling of financial indexes and securities, mortgage default risk assessment, call center arrival modeling, online webpage click-rate modeling, and market share modeling.