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State the uses of time series - Business Mathematics and Statistics

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प्रश्न

State the uses of time series

योग

उत्तर

1. It helps in the analysis of the past behavior.

2. It helps in forecasting and for future plans.

3. It helps in the evaluation of current achievements.

4. It helps in making comparative studies between one time period and others.

Therefore time series helps us to study and analyze the time-related data which involves in business fields, economics, industries, etc.

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Time Series Analysis
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 9: Applied Statistics - Exercise 9.1 [पृष्ठ २०९]

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सामाचीर कलवी Business Mathematics and Statistics [English] Class 12 TN Board
अध्याय 9 Applied Statistics
Exercise 9.1 | Q 3 | पृष्ठ २०९
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