A time series is a sequence of successive observations of the same phenomenon at different times. Depending on the time of observation, the times in a time series can be years, quarters, months, or any other time format.
It is also divided into stationary series and non-stationary series.
Time series analysis is a statistical method used to extract patterns and information from time-ordered data for purposes of description, analysis, forecasting, etc. Time series analysis is based on stochastic process theory and mathematical statistics methods to study data dependencies and trends. Time series analysis is widely used in fields such as electric power, finance, and technology, and it is also combined with AI technology to improve the effect of data detection and prediction
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