Time series Flashcards
1
Q
Variations in a time series
A
Variations in a time series may be:
A general trend (as shown by the trend line)
Seasonal variation (a pattern that repeats
2
Q
Seasonal variation
A
Variation in a time series following a regular time period like the days of the week or seasons of the year is called seasonal variation
3
Q
Trend line
A
A general trend is the way the data changes over time. A trend line shows the general trend of data. A trend line may show a tendency to rise, fall or stay level
4
Q
Time series graph
A
A line graph with time plotted on the horizontal axis
