Business Statistics & Statistics
Moving Average Method for Time Series Forecasting
Moving Average Method for Time Series forecasting – Moving average is a statistical technique that is used to forecast long-term trends … […]
Time Series
Business Statistics & Statistics
Freehand Curve Method of measuring Secular Trends in Time Series
Freehand Curve Method of measuring Secular Trends in Time Series- A free-hand curve method is a simple, quick, and easy way to measure … […]
Business Statistics & Statistics
Models of Time Series in Statistics
Models of Time Series: Additive model of time series, Multiplicative model of time series, Difference between Multiplicative and Additive models… […]
Business Statistics & Statistics
Components of Time Series
Components of Time Series: A time series is made up of the four components or elements listed below – 1. Basic or Secular or Long-time trend, 2. Seasonal variations, 3. Business cycles or cyclical movement and 4. Erratic or Irregular fluctuations. […]
Business Statistics & Statistics
Time Series in Statistics
Definitions of Time Series in Statistics: A time series is a statistical series formed by arranging quantitative data in the order of their … […]