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Chapter 2 Time series basics | Time Series with R

s-ai-f.github.io · 2,429 words · saved by 1 readers

This is a tutorial of time series analysis with R.

Chapter 2 Time series basics | Time Series with R Time Series with R Chapter 2 Time series basics 2.1 What is a Time Series 2.1.1 Definition Any metric that is measured over regular time intervals makes a Time Series (examples: weather data, stock prices, census analysis, budgetary analysis…). We can define a time series as a series of data points indexed in time order . It is a sequence taken at successive equally spaecd points in time, a sequence of discrete-time data. The purpose of time series analysis is generally twofold: to understand or model the stochastic mechanisms that gives rise t

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