Master modern time series forecasting and causal inference in R to solve real-world business problems with reproducible, high-quality code.
Key Features
- Explore forecasting and causal inference with practical R examples
- Build reproducible, high-quality time series workflows using tidyverse and modern R packages
- Apply models to real-world business scenarios with step-by-step guidance
- Purchase of the print or Kindle book includes a free PDF eBook
Book Description
Modern Time Series Analysis with R provides a comprehensive, hands-on guide to mastering the art of time series analysis using the R programming language. Written by leading experts in applied statistics and econometrics, this book helps data scientists, analysts, and developers bridge the gap between traditional statistical theory and practical business applications. Starting with the foundations of R and tidyverse, you'll explore the core components of time series data, data wrangling, and visualization techniques. The book then guides you through key modeling approaches—ranging from classical methods like ARIMA and Exponential Smoothing to advanced computational techniques such as machine learning, deep learning, and ensemble forecasting. Beyond forecasting, you'll discover how time series can be applied for causal inference, anomaly detection, change point analysis, and multiple time series modeling. Practical examples and reproducible code will empower you to assess business problems, choose optimal solutions, and communicate results effectively through dynamic R-based reporting. By the end of this book, you'll be confident in applying modern time series methods to real-world data, delivering actionable insights for strategic decision-making in business, finance, technology, and beyond.
What you will learn
- Understand core concepts and components of time series data
- Wrangle and visualize time series with tidyverse and R packages
- Apply ARIMA, Exponential Smoothing, and machine learning methods
- Explore deep learning and ensemble forecasting approaches
- Conduct causal inference with interrupted time series analysis
- Detect anomalies, structural changes, and perform change point analysis
- Analyze multiple time series using hierarchical and grouped models
- Automate reproducible reporting with RStudio and dynamic documents
Who this book is for
This book is for data scientists, analysts, and developers who want to master time series analysis using R. It is ideal for professionals in finance, retail, technology, and research, as well as students seeking practical, business-oriented approaches to forecasting and causal inference. A basic knowledge of R is assumed, but no advanced mathematics is required.