my friend is a chemist and his problem is to predict the level of ozone concentration in a single site. We have the data for the last 12 years.
We want to predict the concentration for the coming years (as much as possible).
I know this data set is small, so my question is is this possible? And how much of data is required if not?
What is the tool/method to use?
Here is a plot of my data:
any suggestions/ help?