Glossaria.net

Glossary Time-Series / Term

Box-Cox Transformation

A method of transforming time-series data to stabilize the variance of the series and to make the distribution closer to normal. There are two parameters to the Box-Cox transformation: the power (or strength) of the transformation, and the addend, which is the value that is added to the data before the power is raised.

Permanent link Box-Cox Transformation - Modification date 2019-12-22 - Creation date 2019-12-22


< Backforecasting Glossary / Time-Series Box-Jenkins Methodology >