TIME SERIES
ANALYSIS
,MEANING OF TIME SER
An arrangement of statistical da
accordance with time of occurren
chronological order is called a tim
numerical data which we get at di
of time-the set of observations-is k
series.
,DEFINITION
A time series is a set of observa
specified times and arranged in a
order.
, USES OF TIME SERIES
It helps in understanding past be
It helps in planning future ope
It helps in evaluating current
accomplishments.
It facilitates comparison.
ANALYSIS
,MEANING OF TIME SER
An arrangement of statistical da
accordance with time of occurren
chronological order is called a tim
numerical data which we get at di
of time-the set of observations-is k
series.
,DEFINITION
A time series is a set of observa
specified times and arranged in a
order.
, USES OF TIME SERIES
It helps in understanding past be
It helps in planning future ope
It helps in evaluating current
accomplishments.
It facilitates comparison.
