Time series analysis and prediction: Service request data from real estate

Loading...
Thumbnail Image

URL

Journal Title

Journal ISSN

Volume Title

Perustieteiden korkeakoulu | Master's thesis

Department

Mcode

SCI3044

Language

en

Pages

46+2

Series

Abstract

Time series data is generated by various domains, fields and industries and has found many applications with the increase in the availability of different type of data. In this thesis work, we analyzed the time series data of service requests from real estates and captured the yearly seasonality and trend from the past data and forecast the number of service requests for incoming months. We present two approaches to achieve our goal, structural time series and ARIMA models. We concluded that the structural time series performed better for predicting the future values of the data, although the seasonality and trend components from the past data were almost the same from both models.

Description

Supervisor

Marttinen, Pekka

Thesis advisor

Talvitie, Ossi

Other note

Citation