Time Series Basics

Time series can have three components

  • Trend
  • Seasonality
  • Random fluctuations (noise)

Stationary Time series

  • Mean, Variance, Covariance remains constant over time (needs to remove trend, seasonal components) from time series as certain model works on Stationary time series
  • To make series stationary , take log, differencing (or…

Ankit Kansara

data scientist aspirant

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