Which of the following problems is best solved using time-series analysis?
A) Predict whether someone is a likely candidate for having a stroke.
B) Determine if an individual should be given an unsecured loan.
C) Develop a profile of a star athlete.
D) Determine the likelihood that someone will terminate their cell phone contract.

Question

Quizplus · Accepted Answer

Time-series analysis involves analyzing data points over time to identify trends and patterns. The problem of determining the likelihood that someone will terminate their cell phone contract requires analyzing historical data on customer behavior over time, making it the best choice for time-series analysis. The other problems listed do not necessarily involve analyzing data over time and may require different analytical approaches.

Which of the Following Problems Is Best Solved Using Time-Series