Time Series Analysis in Tableau
Chris Hui
VP, Tracked
Rolling standard deviation, calculated on a window subset, is useful to identify variance inflation with respect to time
As the variance grows larger, this may signal an anomaly for analysis purposes
Anomaly detection for time series data generally follows the 68, 95, 99 rule
~ 68% of all values = 1 standard deviation away from the mean
Primarily utilized for univariate time series analysis as opposed to multivariate
Control charts are an effective visual way of identifying the upper and lower bounds of what are acceptable values
The Z-score is the number of standard deviations a data point lies above or below the mean
A positive Z-score indicates the value is above the mean
A negative Z-score indicates the value is below the mean
Separate from standard deviation that measures distance between data points
Time Series Analysis in Tableau