Analysis of Time Series

The field of time series analysis has undergone a remarkable transformation since the publication of the seventh edition of this book. While classical statistical models such as ARIMA, state-space models, and spectral methods remain essential, the rise of artificial intelligence (AI) has introduced groundbreaking approaches to modeling, forecasting, and generating time-dependent data. This eighth edition reflects these advancements with the addition of two new chapters: Predictive AI for Time Series and Generative AI for Time Series. These chapters bridge the gap between traditional time series methods and cutting-edge AI techniques, offering readers a comprehensive and integrated perspective on the field.Features:· Comprehensive coverage of classical time series models, including ARIMA, state-space models, and spectral methods· Two new chapters on predictive and generative AI, introducing cutting-edge methods like transformers, variational autoencoders, and diffusion models· Practical examples and illustrations using R, demonstrating the application of both classical and AI-based approaches to real-world time series data· Emphasis on the integration of classical statistical rigor with the flexibility and scalability of AI methods· Clear explanations and intuitive insights, making advanced concepts accessible to a broad audience· Updated content reflecting the latest developments in time series analysis, with a focus on modern, high-dimensional, and nonlinear data challengesThis eighth edition is designed for students, researchers, and practitioners in statistics, as well as in finance, economics, climate science, health, and engineering. It serves as both a foundational text for those new to time series analysis and a valuable resource for experienced analysts seeking to engage with the rapidly evolving landscape of predictive and generative AI. With its balance of theory, practical implementation, and real-world examples, the book is ideal for use in academic courses, professional training, and self-study.