Understanding Time Series Analysis πŸ“Š

Learn how time series analysis examines data like sales, stock prices, and weather that change over time.

Understanding Time Series Analysis πŸ“Š
KNIMETV
23.7K views β€’ Jun 6, 2024
Understanding Time Series Analysis πŸ“Š

About this video

Think of data points that fluctuate over time: the temperature, rainfall, sales, stock prices. ⏰ Through time series analysis, we can observe these things that affect us as they change over time β€” and *how* they change. Are there trends or patterns?

Time series analysis can be used to determine the best model to forecast that data in the future, and answer questions like, β€œHow much product can we expect to sell during the summer?” πŸ“Š

#timeseriesanalysis #datascience #dataanalytics #dataanalyst

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23.7K

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Duration

0:33

Published

Jun 6, 2024

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