01. Introduction

What is time series all about?

• A time series is data collected at regular intervals of time. This could be hourly, daily, monthly, yearly etc.

• We analyse time series data to investigate trends, cycles, and predict future values.

• We want to produce a model to fit the time series data, and investigate improvements and limitations of the model.

Example of a time series analysis

Investigating the area of sea ice in polar regions.

Sea ice time lapse video

What can we do to analyse this? Sea Ice data set

What do we notice?

You must show evidence of each aspect of the statistical cycle

Writing a Research Question - "I want to predict the area of Arctic sea ice for 2014 and 2015"

We will focus on using Excel and iNZight for time series analysis:

Excel for understanding concepts, and iNZight for fast analysis and discussion

Click here to view the standard requirements for this achievement standard.