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Time Series: Is a sequence of numbers arranged according to the order of occurrence. The order is obtained from any data that is susceptible to change over some given period. Time Series help is used to describe how changes bring about the variation of data over a specified period. Most questions around Time Series are quite simple and easy, but it requires someone who is very keen to follow the trend of changes.
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Key features of time series data include:Understanding these key features is essential for analyzing and modeling time series data effectively, enabling accurate forecasting and decision-making.
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Time series analysis finds applications in various areas:
Time series analysis helps in making predictions and informed decisions in these fields based on past data patterns.
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