Time series decomposition of the airline dataset

In this exercise, you will apply time series decomposition to the airline dataset, and visualize the trend and seasonal components.

This exercise is part of the course

Visualizing Time Series Data in Python

View Course

Hands-on interactive exercise

Have a go at this exercise by completing this sample code.

# Import statsmodels.api as sm
____

# Perform time series decompositon
decomposition = sm.tsa.____(____)

# Extract the trend and seasonal components
trend = ____
seasonal = ____