Question

What are the major uses of Time Series?​

Answer 1

Answer:

A time series is a series of data points indexed (or listed or graphed) in time order. Most commonly, a time series is a sequence taken at successive equally spaced points in time. ... Time series forecasting is the use of a model to predict future values based on previously observed values.

Answer 2

$\huge{\mathfrak{\boxed{\purple{Time\: Series:-}}}}$

A time series is a sequence of numerical data points in successive order. In investing, a time series tracks the movement of the chosen data points, such as a security's price, over a specified period of time with data points recorded at regular intervals.

$\huge{\mathfrak{\boxed{\orange{Major\:Uses:-}}}}$

• Economic Forecasting.
• Sales Forecasting.
• Budgetary Analysis.
• Stock Market Analysis.
• Yield Projections.
• Process and Quality Control.
• Inventory Studies.
• Workload Projections.