Using ARIMA model to forecasting with production of electrics in Australia

Abstract

This research to deal with ARIMA models it used in time series analysis. Whereas this models are distinct with high flexible and accuracy in time series analysis.Theoretical part is concentrate on general concepts for ARIMA models, and statistical tools that have proved useful in analyses time series.Practice part is clear the practice part to our research, by using data taken from web page (www.maths.monash.edu.au/hyndman/forecasting/) .This data is representing the production of electrics capacity in australia in (months) from (jan 1956 to aug 1995) after that, to be accomplishment checking the adequate model to this data and so building the model and forecasting with production of electrics for two year ahead (sep 1995 to aug 1997).