In a previous tutorial, we discussed the basics of time series and time series analysis. We looked at how to convert data into time series data and analyze this in R. In this tutorial, we”ll go into more depth and look at time series decomposition.
We’ll firstly recap the components of time series and then discuss the moving average concept. After that we’ll focus on two time series decompositions – a simple method based on moving averages and the local regression method.
