What are time series graphs? Differentiate between one variable and two variable graphs. (3)
Answers
A time series chart, also called a times series graph or time series plot, is a data visualization tool that illustrates data points at successive intervals of time. Each point on the chart corresponds to both a time and a quantity that is being measured.
one variable, there is a value on the line marked with an open or closed circle, and the values which solve the inequality are shaded. In two variables, a solid or dashed line is graphed in a plane, and the regions of the plane where there are points which solve the inequality are shaded.
Answer:
Time series graphs are visual representations of data that show how a variable changes over time. These graphs are useful for analyzing trends and patterns in data over a specific period.
One variable time series graphs display changes in a single variable over time. Examples include stock prices, weather patterns, and sales data.
On the other hand, two variable time series graphs show how two variables change over time. Examples include graphs showing how product sales vary based on marketing spend, or how website traffic changes based on different marketing campaigns.
In summary, time series graphs are a powerful tool for analyzing data over time, and the number of variables displayed in the graph will depend on the type of analysis being conducted.