ARIMA, short for ‘AutoRegressive Integrated Moving Average’, is a forecasting algorithm based on the idea that the information in the past values of the time series can alone be used to predict the future values.
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ARIMA is an acronym for “autoregressive integrated moving average.” It’s a model used in statistics and econometrics to measure events that happen over a period of time . The model is used to understand past data or predict future data in a series.
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