UNIT 5: Time series analysis Flashcards
1
Q
Time Series
A
A line graph with time on the x−axis, in equal intervals. Used to look for variation over time in seasonal/monthly/yearly data.
2
Q
Seasonal Variation
A
The distance between the time series and the trend line. (Positive or negative values are important)
3
Q
Trend line
A
A line of best fit through the moving averages