non stationarity

How to Handle Non-Stationarity?

Handling non-stationarity involves several approaches:
1. Differencing: This technique involves computing the differences between consecutive observations to remove trends.
2. Decomposition: Decomposing the time series into trend, seasonal, and residual components can help isolate and analyze each aspect separately.
3. Modeling with Non-Stationary Methods: Using models that account for non-stationarity, such as ARIMA (Auto-Regressive Integrated Moving Average) models, can provide more accurate predictions.

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