Question 6
EasyOriginal questionWhich of these describes a univariate time series?
Show the answer and explanation
CorrectNot quiteAnswer D
Correct answer: D
Explanation
'Univariate' means one variable; a time series records it at successive times.
So a univariate time series is one variable, such as monthly sales, followed through time.
Worth noting
Ordering values by size destroys the time order, which is the whole point of a time series.
- Concept
- What a time series is
- Typical timeTypical
- 60 s
- Your timeYours
- —
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