Forecasting using time series regression

Timeseries Forecasting uses historical data to predict future responses and is a powerful technique for predicting success in business. Time-series Regression in the Econometrics Toolbox is a technique that can be used to forecast and predict future values. This regression technique is often more reliable than classical linear models. A Time-series regression is a model made up of the relevant predictors, a constant and a random disturbance. These models can be used to forecast performance metrics and enable confident decision making.