Web Analytics – Learn to Forecast Your Website Traffic
Welcome back!
Why forecasting is so important in Web Analytics. Web Analytics Forecasting is important for a variety of reasons including for technology planning, customer support needs, stocks and resource planning and more.
What is the difference between forecasting and prediction. What are the various methodolgies… pls. view these excellent videos from Indian Institute of Technology, Delhi for such an outstanding lectures and Kudos to Ministry of HRD, India for funding this excellent initiative.
View them as you imagine you are forecasting for one of your web anlaytics projects.
Forecasting:
Time Series Analysis:
You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
June 1st, 2011 at 5:33 am
Thanks Vijay for sharing the video. They were useful and easy to understand as well. Most of the Forecasting method can be made applicable to the web data in forecasting the traffic and user behavior. Difference between prediction and forecasting was really good.
Thanks