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School of data science

7 November, 2026

Learn the fundamentals of time series forecasting and develop proficiency in ETS and ARIMA models, two the most commonly used models in forecasting....

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Time Series Forecasting

Time Series Forecasting Fundamentals of Time Series ForecastingIn this lesson you’ll learn what attributes make data a time series. You’ll also learn the key components used in time series forecasting, such as seasonality, trends, and cyclical patterns.ETS ModelsIn this lesson you’ll learn how to build and use ETS models. ETS stands for error, trend, and seasonality, and are the three inputs in ETS models. You’ll learn how to use time series decomposition plots to visualize each of these components. Then you’ll get hands on practice building out an ETS model in Alteryx.ARIMA ModelsIn this lesson you’ll learn how to build and use ARIMA models. ARIMA stands for autoregressive, integrated, moving average, which are the inputs for ARIMA models. You’ll learn how to stationarize data through differencing, a process that prepares data for ARIMA modeling. You’ll learn the different techniques used in seasonal vs. non-seasonal data. Then you’ll get hands on practice building out an ARIMA model in Alteryx.Analyzing and Visualizing ResultsThis lesson will demonstrate how to interpret the various results from time series model. You’ll learn how to use holdout samples to compare models and select the best one for a business problem. You’ll also learn how to visualize your forecasts through various plots.CompanyAbout UsWhy Udacity?BlogIn the NewsJobs at UdacityBecome a MentorPartner with UdacityResourcesCatalogCareer OutcomesHelp and FAQScholarshipsResource CenterFeatured ProgramsBusiness AnalyticsSQLAWS Cloud ArchitectData AnalystIntro to ProgrammingDigital MarketingSelf Driving Car EngineerOnly at UdacityArtificial IntelligenceDeep LearningDigital MarketingFlying Car and Autonomous Flight EngineerIntro to Self-Driving CarsMachine Learning EngineerRobotics Software EngineerAI Master’sMaster of Business AdministrationMaster of Science in AIUdacity SchoolsSchool of Animation and Game DevelopmentSchool of Artificial IntelligenceSchool of Autonomous SystemsSchool of BusinessCareer ResourcesSchool of Cloud ComputingSchool of CybersecuritySchool of Data ScienceSchool of DevOpsSchool of Executive LeadershipSchool of Product ManagementSchool of Programming and Development

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