Time series data is an important and valuable source of information for a wide range of applications. As the volume and complexity of this data continue to grow, so will the demand for experts who can effectively analyze and interpret this data. Table of Contents What doe
Is there a way of knowing when a commodity's price has increased? Yes, one can compare the price of a commodity over a period of time. In time series, observations are arranged according to successive periods. A time series is an arrangement of data according to their time of occurrence. Using time as a reference point here is a way of relating the whole phenomenon to appropriate points in time, where time is measured in days, months, or even years.