A set of observations recorded at an equal interval of time is called
A set of observations recorded at an equal interval of time is called Correct Answer Time series data
Time series data is a set of observations recorded at an equal interval of time.
EXPLANATION:
Time series refers to an arrangement and presentation of statistical data in chronological order. The statistical data is collected over a period of time. According to Spiegel, “A time series is a set of observations taken at specified times, usually at equal intervals.”
There exist various forces that affect the values of the phenomenon in a time series.
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Feb 20, 2025