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Time series is a sequence of data consisting of successive measurements made over a time interval. Examples of time series are ocean tides.Time series are very plotted via line chart.
Time series analysis comprises methods for analyzing
time series data in order to extract meaningful statistics and other
characteristics of the data. Time series forecasting is the use of a model to predict future values based on previously observed values. While regression analysis
is often employed in such a way as to test theories that the current
values of one or more independent time series affect the current value
of another time series, this type of analysis of time series is not
called "time series analysis", which focuses on comparing values of a
single time series or multiple dependent time series at different points
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Aug 19th, 2015
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