"In his book Practical Time Series Analysis Using SAS, Anders Milhøj does a great job of presenting the balance between real life data, SAS coding examples, and the principles of time series data and forecasting. He presents the foundations of univariate time series forecasting in a very methodical and structured framework, helping the reader understand what time series are all about and how to decompose their structure using various rigorous approaches. The author compares exponential smoothing approaches to various other univariate parameterized approaches, making each of them understandable. Plenty of details are offered to best understand seasonal decomposition from a SAS perspective. Lastly, unobserved component models are discussed to round off the basics in univariate forecasting using SAS."

Tim Rey
Director, Advanced Analytics
Business Services
The Dow Chemical Company