Time Series Analysis

                                                                                                                                                  

MBA

Quantitative Analysis for Managerial Applications

ASSIGNMENT

 

Course Code: MMPC-005

Assignment Code: MMPC-005/TMA/JULY/2022 

Coverage : All Blocks

5. Write short notes on any two of the following:- 

(d) Time Series Analysis

Time series analysis is a statistical method used to analyse and model data collected over time. It involves examining historical data and identifying patterns or trends that can help predict future behaviour. Time series analysis can be used in a variety of fields, including finance, economics, engineering, and environmental science.

The primary objective of time series analysis is to develop a statistical model that captures the underlying patterns and trends in the data. This model can then be used to forecast future values of the time series. There are several techniques used in time series analysis, including trend analysis, seasonal analysis, cyclical analysis, and random fluctuation analysis.

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