Any one tell me about time series in statistics please.Donot spam me please.its very useful and important to me.
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A time series is a set of measurements that occur at regular time intervals. For this type of analysis, you can think of time as the independent variable, and the goal is to model changes in a characteristic (the dependent variable).
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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.
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