write the meaning of time series
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A time series is a series of data points indexed in time order. Most commonly, a time series is a sequence taken at successive equally spaced points in time.
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A set of data collected sequentially usually at fixed intervals of time.
Step-by-step explanation:
- Time series is used to predict future values based on previously observed values.
- Time series analysis is used to identify the fluctuation in economics and business.
- It helps in the evaluation of current achievements.
- Time series is used in pattern recognition, signal processing, weather forecasting and earthquake prediction.
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