Reducing complexity – from a time series to a single number: coding

Posted on 31 October 201719 November 2017 by Jan Langfellner

Table of contents TL;DR Using the linear model from Python’s scikit-learn package, I obtain the slopes in the EU industry production time series for each country. Long Description I prepare the normalized EU industry production index dataset for the fit routine of the scikit-learn linear model by forcing the time stamps into a 2D numpy…

Reducing complexity – from a time series to a single number: modeling

Posted on 27 October 201719 November 2017 by Jan Langfellner

Table of contents TL;DR I select a linear model with slope and intercept parameters to describe the growth dynamics of the EU industry production index of each country. Long Description Inspired by line plots of the EU industry production index time series that were previously normalized by the EU average time series, I choose to…