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Overview: Forecasting has improved considerably with the introduction of the time series forecasting system. It remains to compare that system with the more recently developed high performance forecasting system. SAS has developed the time Series Forecasting System (SAS/ETS) to examine time series data. The system is defined to determine the optimal method for forecasting. SAS has developed the High Performance Forecasting system (HPF) that also chooses the optimal method for forecasting. It can also work with transactional data where the data points are not at equally spaced time intervals. The two methods are compared and contrasted in this paper.
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