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Toward democratize forecasting: Principles of forecasting with R

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Birzeit University

West bank

Bir Zayt

Palestinian Territory

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Description

Project: Democratise forecasting with R

Objective of the project:

  • To democratize forecasting and provide decision makers with a tool that is effective, valid and reliable to support decisions in organizations

  • To provide high quality and up-to-date training in forecasting and data analysis and promote the use of open source tools such as R and RMarkdown

  • To promote volunteering among academic staffs and researchers with a focus on less developed countries in Africa, Asia and South-America

What do you learn in the workshop:

This workshop covers a range of forecasting methods often applied in organizations to help decision makers take a better decision by having an estimation of the future. It explains the theoretical background behind them, reveals their strengths and limitations and apply them to produce forecasts using R statistical software as a forecasting tool.
Assuming basic knowledge of statistics and through a step-by-step approach from theory to practice, participants will learn:

  • The importance of forecasting and its relation to decision making in public organizations, private sector, governments, non-for-profit organizations, etc;

  • How to prepare data, manipulate and visualize them using R

  • How to analyze data, produce forecasts and evaluate their accuracy across a range of statistical forecasting models using real-world data;

  • How to visualize, export and report results for interpretation and insights.


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Birzeit University

West bank

Bir Zayt

Palestinian Territory

View Map

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