What are the basic patterns of a time series

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Question: What are the basic patterns of a time series? Describe each pattern and provide an example. What is stationarity, and why is it essential for time series analysis? Additionally, please share an example of a real-world problem that could be addressed using time series analysis. What data would you need to collect, and what methods would you use to analyze the data? - Discuss this point with your classmates.

Reference no: EM133461633

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