ITTSAE: A Set of Interactive Software Tools for Time Series Analysis Education [Lecture Notes]

A time series is a set of observations that are generated sequentially in time. This article considers discrete-time series, where observations are made at some fixed interval h. A time series can also be considered as a possible realization of a stochastic process, which is a statistical phenomenon that evolves in time according to probabilistic laws. This article presents a set of three interactive software tools for time series analysis education (ITTSAE) written in Sysquake [17], a language similar to that used in Matlab, and that generates tools with interactive graphics that have simple interfaces. The interactive tool set ITTSAE is distributed free of charge [18] in the form of executable files for different platforms. As such, they are readily available to any user (student or instructor) who may want to use them.