#>deciding_before_knowing
time series
uncertainty
evaluation
Math / Operations Research
Deciding Before You Know
A forecast is a decision aid, not a prophecy. Time-series methods find level, trend, and seasonality in past observations and project them forward as a range, not a single number. A good forecast is judged against a simple baseline, checked on data it has not seen, and delivered with its uncertainty, so the person deciding knows how much room to leave.
Forecasting Essentials
The free textbook
Hyndman and Athanasopoulos, Forecasting: Principles and Practice, with worked code.
otexts: FPP3Time series, broadly
The vocabulary of data collected over time.
wiki: time series