Time Series Analysis
- Social Sciences -
Economics & Business Dictionary
Definition
An analytics concept defining statistical methods used to estimate relationships, evaluate interventions, and generate forecasts. It specifies data requirements, estimation procedures, and uncertainty measures used to support decision-making. It does not prove causation without an appropriate identification strategy, data quality checks, and sensitivity analysis.
Time Series Analysis
Social Sciences Dictionary
Definition
A set of statistical methods for data indexed in time that model temporal structure—trend, seasonality, autocorrelation, and shocks—to enable forecasting, filtering, and inference about dynamic processes. Time‑series analysis explicitly accounts for dependence across observations ordered by time.