Time Series for Dummies – The 3 Step Process

After a satisfying meal of Chinese takeout, you absentmindedly crack open the complimentary fortune cookie. Glancing at the fortune inside, you read, "A dream you have will come true." Scoffing, you toss the small piece of paper and pop the cookie in your mouth. Being the intelligent, well-reasoned person you are, you know the fortune is insignificant--no one can predict the future. However, that thought may be incomplete.