Definition:Intervention Event
Jump to navigation
Jump to search
Definition
An intervention event is an event whose occurrence is not characteristic of a particular time series such that it affects the behaviour of that time series.
As a result, forecasting future values based upon the past values is likely to be compromised.
Sources
- 1994: George E.P. Box, Gwilym M. Jenkins and Gregory C. Reinsel: Time Series Analysis: Forecasting and Control (3rd ed.) ... (previous) ... (next): $1$: Introduction