It is the analysis of the dataset that has a sequence of time stamps. It has become more and more important with the increasing emphasis on machine learning. So many different types of industries use time-series data now for time series forecasting, seasonality analysis, finding trends, and making important business and research decisions. So it is very important as a data scientist or data analyst to understand the time series data clearly.
Time series data is used in:
Banks and Financial institutes
Stock market
Social Media
Power, gas, and oil industries
Periodic measures in a mechanical or chemical process
And many more areas
It is unavoidable. So, let’s learn it.
I will start with some general functions and show some more topics using the Facebook Stock price dataset.
Let’s dive in!
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