what is time series analysis?
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Time series analysis is that type of analysis that deals with time series data. ... There are many concepts used in time series analysis. One such process is a random process or a stochastic process. This is a collection of random variables that are ordered with respect to the time.
Time series analysis can be useful to see how a given asset, security, or economic variable changes over time. It can also be used to examine how the changes associated with the chosen data point compare to shifts in other variables over the same time period.
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