Discussion regarding time series decomposition

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The general discussion regarding time series decomposition.

What is time series decomposition?

Why would a forecaster choose this method versus some of the other methods we've learned in class? In your answer, please make sure to define the components of a time series.

Also, please feel free to elaborate upon time series composition topics that you found most interesting.

Note: Forecasting Methods Class

Reference no: EM131086350

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