Which of the following options does not represent a purpose of time series analysis?
A) Explaining causes of variation between data points
B) The identification of trends
C) Making forecasts of future patterns
D) Eliminating irrelevant factors

Question

Quizplus · Accepted Answer

Explaining causes of variation between data points is not a purpose of time series analysis. Time series analysis is used to identify trends, make forecasts of future patterns, and eliminate irrelevant factors.

Which of the Following Options Does Not Represent a Purpose