Predictive Analytics : Understanding ARIMA
3.8 (4 ratings)
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Predictive Analytics : Understanding ARIMA

Understand the concept of ARIMA model and how to make sense of it in business
3.8 (4 ratings)
Instead of using a simple lifetime average, Udemy calculates a course's star rating by considering a number of different factors such as the number of ratings, the age of ratings, and the likelihood of fraudulent ratings.
208 students enrolled
Last updated 6/2017
English
Price: $20
30-Day Money-Back Guarantee
Includes:
  • 1 hour on-demand video
  • 2 Supplemental Resources
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
What Will I Learn?
  • Will learn the concept of ARIMA model
  • How to read an ARIMA model
  • Difference between ARIMA and exponential smoothing or regression
  • Computation examples of few ARIMA models
  • Will NOT learn the deep dive algebra of the model or computation of coefficients
View Curriculum
Requirements
  • Ideally meant for business planners working with a planning or analytics software
Description

This course is designed to help business professionals demystify a complex model like ARIMA. The course is intended to explain the concept behind the model and how to make sense of it in business world.

It is expected that the user would be working with a software that would apply the model. The intention of the course is NOT to delve into algebra of the model and hence shall not be suitable for students seeking such knowledge.

10 different combination of ARIMA model have been used as examples to understand the concept. However this is not exhaustive list and there exists several other combinations. These examples should help the student of the course to clarify the concept with the help of data.

The excel exercises as well as a quiz is also part of this course to practice the concepts and test knowledge level.

Best Wishes


Who is the target audience?
  • Business Planners or Demand Planners
  • MBA students
  • Any one interested to understand the ARIMA concept
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Curriculum For This Course
+
Start Here
7 Lectures 47:48


Reading the ARIMA model
07:22

ARIMA Pros & Cons
01:50

ARIMA vs Exponential Smoothing
01:47

ARIMA vs Regression
01:03

ARIMA examples and computations
14:24

ARIMA Recap
9 questions
About the Instructor
Anamind Business Consulting
4.1 Average rating
31 Reviews
1,558 Students
6 Courses
Powerful Planning. Simplified

Anamind helps organizations build business planning and forecasting capability. With simplicity at the core of our approach we offer a world class planning system - PLANAMIND, process consulting services, and training for business planning.

This course has been specifically designed by us to help planning professionals as well as aspirants of this function worldwide, to understand and build their skills in business planning. The course contains both quantitative and qualitative aspects of planning. 

This course is business oriented and not purely academic in nature. We have incorporated our years of learning from global work experience. We have ensured that you are equipped to apply the learnings in real business situations and contribute to your career and as well as your organisation.

Course Design Leads

Dr. Steve Miller, Vice President, has over 40 years of vast expertise in business planning and supply chain function working in Fortune 500 companies like Goodyear as well as the teaching experience in Akron University and Herzing University. 

He holds Bachelors & Masters Degree in Mathematics from Akron University, USA and Doctorate in Theology from Andersonville Theological Seminary, USA

Rishi Trivedi, CEO, is a Business Planning professional with over 15years of work experience in Fortune 500 companies like Apple, Hewlett Packard and Intel. His teaching experience includes assignments with University of Pune and Symbiosis International University.

He is a Chartered Accountant (India) as well as the Certified Professional Forecaster (IBF, USA). He also holds a Masters Degree in Economics from Pune University and Management Certification from IIM Calcutta.