Time Series Aggregation

Steph Locke answers an important question related to time series:

Additive or multiplicative?

It’s important to understand what the difference between a multiplicative time series and an additive one before we go any further.

There are three components to a time series:
trend how things are overall changing
seasonality how things change within a given period e.g. a year, month, week, day
error/residual/irregular activity not explained by the trend or the seasonal value

How these three components interact determines the difference between a multiplicative and an additive time series.

Click through to learn how to spot an additive time series versus a multiplicative.  There is a good bit of very important detail here.

Related Posts

Building an Image Classifier with PyTorch

Rogier van der Geer shows how you can use PyTorch to build out a Convolutional Neural Network for image classification: The tool that we are going to use to make a classifier is called a convolutional neural network, or CNN. You can find a great explanation of what these are right here on wikipedia. But we […]

Read More

xgboost and Small Numbers of Subtrees

John Mount covers an interesting issue you can run into when using xgboost: While reading Dr. Nina Zumel’s excellent note on bias in common ensemble methods, I ran the examples to see the effects she described (and I think it is very important that she is establishing the issue, prior to discussing mitigation).In doing that I ran into one more […]

Read More


February 2017
« Jan Mar »