STAT 5553 - Time Series

3 Semester Hour(s)

The concept of a time series refers to a sequence of values recorded over a period of time. The use of such data is widespread in nearly all areas of science and the humanities, such as econometrics and finance, engineering, medicine, genetics, sociology, and environmental science. It is the existence of dependence between observations in a series as well as the fact that usually only one observation is made at any given point in time that makes time series data so special. Consequently, standard statistical methods are not appropriate, and special statistical analysis methods must be used. The purpose of this course is to introduce current methods and software for time series analysis.

Prerequisite(s): STAT 4459 or STAT 5559.