Discovering data-based trends by analyzing sequences of data over successive times to not only recognize the data pattern but forecast how the data will extend into the future is the goal of
A)regression analysis.
B)trend analysis.
C)time series analysis.
D)simulation analysis.
E)spectral analysis.

Question

Quizplus · Accepted Answer

Time series analysis involves analyzing data over successive times to identify patterns and forecast future trends. Regression analysis involves identifying the relationship between variables, but not necessarily over time. Trend analysis involves identifying general patterns over time, but may not involve forecasting future trends. Simulation analysis involves creating a model to imitate a real-world scenario and observe the results. Spectral analysis involves decomposing a signal into its component frequencies.

Discovering Data-Based Trends by Analyzing Sequences of Data Over Successive