Question

time series data are considered random why?​

Answer 1

Explanation:

Time series is an stochastic process and it always considered as random. If it is non-random, there there would be no need to consider stochastic models such as models based on standard Box Jenkins methodology. A random error component is always there.

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Answer 2

Answer:

A Time series is an stochastic process and it always considered as random. If it is non-random, there there would be no need to consider stochastic models such as models based on standard Box Jenkins methodology. A random error component is always there.