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Book Overview & Buying
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Table Of Contents
Time Series Analysis with Python Cookbook - Second Edition
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As time series data becomes more complex, you will encounter multiple, overlapping seasonal patterns. For example, electricity consumption recorded hourly: over 24 months, you will spot annual patterns (such as spikes in the summer for cooling), weekly patterns (higher usage on weekdays compared to weekends), and daily cycles (with peaks in the evenings). These patterns don’t exist in isolation; they are blended within the data.
With the rise of connected devices such as IoT sensors, we now collect data at much higher frequencies: hourly, every minute, or every second. This is a shift from classical time series research, where datasets were smaller and recorded less frequently, usually annually or monthly.
Many traditional statistical models, like Seasonal Autoregressive Integrated Moving Average (SARIMA), were built for scenarios with a single dominant seasonal pattern. They are great for straightforward cases, but often...