Mathematics · Time Series Analysis
Which of the following statements are correct regarding time series analysis? (A) Time series analysis does not help to understand the behavior of a variable in the past. (B) Time series predict the future behavior of a variable. (C) Time series help to plan future operations. (D) The main aim of time series analysis is to derive conclusions after arranging the time series in a systematic manner. Choose the correct answer from the options given below:
- 1(C) and (D) only
- 2(B), (C) and (D) only✓
- 3(A), (B) and (C) only
- 4(A), (B) and (D) only
Correct answer
(B), (C) and (D) only
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