Time Series Analysis 101

Time Series Analysis 101

A Layman’s guide to Time Series Analysis.Time series data is everywhere. Almost all of us come across it in mundane life. It can be climate forecasts or stock market graphs.

Time series data is everywhere. Almost all of us come across it in mundane life. It can be climate forecasts or stock market graphs. Even businesses base their critical decisions on time series analysis like forecasts or anomaly detection. Often a legion of analysts or data scientists work towards creating and explaining these analysis. However it makes sense for everyone to understand what time series data offers given how prevalent it has become in our lives. This discussion therefore focuses on understanding time series analysis from a layman’s perspective. For the sake of simplicity it keeps the technical elements to a bare minimum while introducing key concepts and analysis through examples.

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