#101 Machine Learning & Data Science Challenge 101

#101 Machine Learning & Data Science Challenge 101

What is Time Series Analysis?

Time series analysis:

  • It involves developing models that best capture or describe an observed time series to understand the underlying cause.

  • This study seeks the “why” behind the time-series datasets.

  • This involves making assumptions about the form of data and decomposing time series into the constitution component.

  • The quality of the descriptive model is determined by how well it describes all available data and the interpretation it provides to inform the problem domain better.