Chapter 4: Time Series

'Time Series' refers to the statistical data collected at specific intervals of time and arranged in a chronological order.

  • 50 texts
  • 1 quiz
  • 3 PDFs
  • 1485+ students
  • Lifetime Access
  • 24x7 support
Ratings
3
Language

English

Details

Two related variables are studied by different methods in Statistics. A special method is applied to study the dependent variable among these related variables by taking time as an independent variable.
The data related to values of the variables changing with time are studied in Economics, Sociology and Business Statistics. For example, population of a country, agricultural production, wholesale price index, unemployment statistics, import-export information, annual production of a certain factory, data from share market, bank interest rates etc are presented with respect to time.

These are called time series as they are dependent on time.


Curriculum

Students' feedback

4.3

3
5
2
4
0
3
1
2
0
1
0
3 months ago

4 months ago

about 1 year ago

We are pioneers in the field of Modern Teaching for Commerce Students since year 2000. We have 14 Locations in Gujarat and thousands of Students have lived U WILL.

204 & 301 Turning Point Complex
Nr. ABS Tower
O.P. Road
Vadodara - 390007
Gujarat, India
Our branch
204 & 301 Turning Point Complex
Nr. ABS Tower
O.P. Road
Vadodara - 390001
Gujarat, India