A time series is defined as an array of data points that is arranged with respect to time. The data points are indicative of an activity that takes place at a time interval. One popular example is the total number of stocks that were traded at a certain time interval with other details like stock prices and their respective trading information at each second. Unlike a continuous time variable, these time series data points have a discrete value at different points of time. Hence, these are often referred to as discrete data variables. Time series data can be gathered over any minimum or maximum amount of time. There is no upper or lower bound to the period over which data is collected.
Time series data has the following:
- Specific instances of time forming the timestamp
- A start timestamp and an end timestamp
- The total elapsed time for the instance
The...
