What is a Time Series & How can we Model it?
Image by Oğuzhan Kıran
This article will cover what is a time series, what does it mean for a time series to be stationary, and how could an autoregressive process or moving average process be used to model the time series.
Before starting this article, I would like to mention the Cambridge notes from here form the foundation of this content.
What is a Time Series? In short, time series is area of statistics which focuses on describing a set of data points which are collected on regular intervals by fitting low-dimensional models and making forecasts.
