BOX-JENKINS APPROACH TO TIME SERIES ANALYSIS.

Abstract

The Box-Jenkins approach to time series analysis and forecasting is currently a subject of major interest. At present, its successful application requires considerable skill from the practitioner. This paper is designed for the reader having some knowledge of statistics. It will be of greatest value to the analyst already wrestling with time series by other means. To the generally interested reader, this account will be self-contained; but, for the specialist, it will serve as a relatively simple introduction to this increasingly important methodology.