Estimating number of hotel rooms booking in next 6 months . 2. Estimating the total sales in next 3 years of an insurance company.
Read moreWhat is meant by time series analysis?
Time series analysis is a specific way of analyzing a sequence of data points collected over an interval of time . In time series analysis, analysts record data points at consistent intervals over a set period of time rather than just recording the data points intermittently or randomly.
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