Time Series Flashcards by Alice Brooks | Brainscape

Q

What is seasonal variation

A

Regular

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Q

Linear trend

A

Straight line

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Q

Non linear trend

A

Curved line

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Q

How to work out a prediction

A

Trend + seasonal variation

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Q

How to work out seasonal variation

A

Takings- moving average

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Q

How to use regression to predict

A

y = a + b (X)

Ŷ

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Q

What is short term variation?

A

Not random or regular

Can’t be predicted

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