What is the difference between stationery and non-stationary data?
Stationary:
A series is said to be "STRICTLY STATIONARY” if the Mean, Variance & Covariance is constant over some time or time-invariant.
Non-Stationary:
A series is said to be "STRICTLY STATIONARY” if the Mean, Variance & Covariance is not constant over some time or are time-invariant.