Scribd
Upload
10 views25 pages

Time Series Models Presentation

Uploaded by

Shivam Kushwaha
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
10 views25 pages

Time Series Models Presentation

Uploaded by

Shivam Kushwaha
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
You are on page 1/ 25

Time Series Models in Data

Analytics for Engineering


Understanding Patterns Over Time
Your Name | Date | Institution
Introduction
• • Time Series: Sequential data over time
• • Importance in Engineering and Analytics
• • Applications in real-world engineering
problems
Table of Contents
• 1. Introduction
• 2. Basics of Time Series
• 3. Components of Time Series
• 4. Time Series Models
• 5. Applications in Engineering
• 6. Challenges and Future Trends
Basics of Time Series
• • Definition: Sequential data over time
• • Examples: Temperature readings, stock
prices
• • Key characteristics: Trend, seasonality,
cyclicity
Components of Time Series
• • Trend: Long-term movement
• • Seasonality: Regular patterns
• • Cyclicity: Repeating fluctuations
• • Noise: Random variations
Types of Time Series
• • Univariate vs Multivariate
• • Stationary vs Non-Stationary
• • Deterministic vs Stochastic
Time Series Models Overview
• • Classical Models
• • Statistical Models
• • Machine Learning Models
Classical Models
• • Moving Average (MA)
• • Exponential Smoothing
• • ARIMA (AutoRegressive Integrated Moving
Average)
Statistical Models
• • Linear Regression for Time Series
• • State Space Models
• • Seasonal Decomposition
Machine Learning Models
• • Decision Trees
• • Support Vector Machines (SVM)
• • Neural Networks (RNN, LSTM)
ARIMA Model
• • Definition and Purpose
• • Steps: Identification, Estimation, Diagnostic
Checking
• • Example with a simple dataset
Moving Average
• • Concept and Formula
• • Smoothing data to identify trends
• • Example visualization
Exponential Smoothing
• • Single, Double, and Triple Exponential
Smoothing
• • Applications in forecasting
Neural Networks
• • Recurrent Neural Networks (RNN)
• • Long Short-Term Memory (LSTM)
• • Advantages in handling complex patterns
Applications in Engineering
• • Predictive Maintenance
• • Energy Consumption Forecasting
• • Traffic Flow Analysis
Case Study 1: Predictive
Maintenance
• • Topic: Predictive Maintenance in Industrial
Machines
• • Method: Using ARIMA to forecast machine
failures
Case Study 2: Traffic Flow
Prediction
• • Topic: Traffic Flow Prediction
• • Method: Neural Networks for accurate
modeling
Tools for Time Series Analysis
• • Python Libraries: Pandas, NumPy,
Statsmodels, Scikit-learn
• • Software: MATLAB, R, Excel
Challenges in Time Series
• • Handling missing data
• • Non-stationary data
• • Model selection and tuning
Future Trends
• • Integration with IoT
• • Real-time Time Series Analysis
• • Advanced AI-driven models
Visualization Techniques
• • Line Plots
• • Heatmaps
• • Seasonal Decomposition Plots
Summary
• • Recap of key points
• • Importance of Time Series in engineering
analytics
References
• • Include all sources used for the presentation
Q&A
• • Open floor for questions
Thank You
• • Closing slide with a message of gratitude

You might also like