Icon

06 Forecasting HR Cost - Time Series Modeling

Forecast HR Cost Using Auto Regressive (AR) Model

Forecast HR Cost Using Moving Average (MA) Model

Forecast HR Cost Using ARIMA Model

Forecasting HR Cost - Time Series Modeling

The workflow implements the following:

  • Loading our dataset from a CSV file for our analysis.

  • Determine the stationarity of the time series.

  • Smoothing the time series data.

  • Construct different models using ARIMA modeling techniques.

  • Forecast using ARIMA modeling techniques.


RMSE
Math Formula
Actual vs Predicted
Line Plot
Table Creator
Cost Forecast
Joiner
Math Formula
Row Filter
Math Formula
Math Formula
RowID
MA Model
ARIMA Predictor
RMSE
Math Formula
Actual vs Predicted
Line Plot
GroupBy
Table Creator
Cost Forecast
Joiner
Math Formula
Row Filter
ARIMA Model
ARIMA Predictor
MA Model
ARIMA Learner
RowID
HRCost.csv
CSV Reader
Date&Time-based Row Filter
GroupBy
RMSE
Math Formula
Math Formula
Math Formula
Row Filter
Table Creator
Actual vs Predicted
Line Plot
Math Formula
AugmentedDickey-FullerTest
Python Script
LnCost
Math Formula
Cost Forecast
Joiner
ARIMA Model
ARIMA Learner
Moving Average
Line Plot
RowID
Math Formula
Line Plot
Line Plot
AugmentedDickey-Fuller Test
Python Script
Row Filter
Moving Average
Line Plot
Math Formula
Moving Average
Math Formula
AR Model
ARIMA Learner
AR Model
ARIMA Predictor
GroupBy

Nodes

Extensions

Links