Which of the following is the common approach to time-series analysis?
A) Try several techniques and use the best results.
B) Plot the data and count the peaks to determine a value for k.
C) Plot the data and use the TREND() function.
D) Use a stationary model since it is the most robust.

Question

Quizplus · Accepted Answer

There is no single, definitive approach to time-series analysis. Different techniques may be appropriate for different datasets and objectives. Therefore, it is common to try several techniques and compare their results to determine which method works best for a particular dataset.

Which of the Following Is the Common Approach to Time-Series