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Time Series MCQ with Answers
MCQs Times Series – 6 | MCQs Times Series – 5 | MCQs Times Series – 4 |
MCQs Times Series – 3 | MCQs Times Series – 2 | MCQs Times Series – 1 |
Time series analysis deals with the data observed with some time-related units such as a month, days, years, quarters, minutes, etc. Time series data means that data is in a series of particular periods or intervals. Therefore, a set of observations on the values that a variable takes at different times.
Real-World Applications of Time Series Analysis
- Finance: Predicting stock prices, and analyzing market trends.
- Sales and Marketing: Forecasting demand, and planning promotions.
- Supply Chain Management: Optimizing inventory levels, and predicting product needs.
- Healthcare: Monitoring patient health trends, and predicting disease outbreaks.
- Environmental Science: Forecasting weather patterns, and analyzing climate change.