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What are the advantages and disadvantages of time series analysis?
The advantage of time series analysis is that it is a very effective method of forecasting because it makes use of the seasoned patterns. The disadvantage is that it is costly because the forecasts are based on the historical data patterns that are used to predict the future market behavior.
What are the advantages and disadvantages of sampling methods?
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What is the difference between time series and regression analysis?
A time series is a sequence of data points, measured typically at successive points in time spaced at uniformed time intervals. Time series analysis comprises methods for analyzing time series data in order to extract meaningful statistics. Regression analysis is a statistical process for estimating the relationship among variables.
What is the limitation of Time Series analysis?
its only for short term
What are the advantages of time series data over cross sectional data?
Time series data offers several advantages over cross-sectional data, primarily its ability to track changes over time and identify trends, seasonality, and cyclical patterns. This temporal dimension allows for better forecasting and understanding of dynamics affecting the variable of interest. Additionally, time series analysis can control for temporal autocorrelation and other time-related effects, which cross-sectional data cannot capture. Thus, time series data is often more suited for analyzing phenomena that evolve or fluctuate over time.
What are the advantages and disadvantages of time series analysis?
The advantage of time series analysis is that it is a very effective method of forecasting because it makes use of the seasoned patterns. The disadvantage is that it is costly because the forecasts are based on the historical data patterns that are used to predict the future market behavior.
What are the advantages and disadvantages of land reform in Philippines?
negative and positive analysis of agrarian reform of the Philippines from marcos to noynoy aquino time
What are the disadvantages of video analysis?
Disadvantages of video analysis include having to invest in PC hardware to do the analysis. The time that can be involved is another disadvantage.
Advantages and disadvantages of banking system?
there are many advantages and disadvantages so i do not have time to tell you search anywhere else OHK?
What are the advantages and disadvantages of embossing?
what is embossing when it came in metal from when it started what are the technology for embossing what are the advantages and disadvantages in embossing
What are the advantages and disadvantages of breakwater?
advantages are that they stop the waves having as much power disadvantages are that they are ugly and take time to build
What are disadvantages of time series analysis?
The main disadvantage is the relative lack in the statistical and econometric communities of information, knowledge and software regarding certain models.
Some advantages and disadvantages of abservation?
disadvantages wastes alot of time since you will have watch for a long time
What are the Advantages disadvantages of sources of recruitment?
Advantages are they open up more of a pool of applicants and talents. Disadvantages are they take a lot of time.
Advantages and disadvantages of simple random sampling?
advantages: reduce bias easy of sampling disadvantages: sampling error time consuming
What are the advantages and disadvantages of organization?
The only disadvantage is time.
What are the advantages and disadvantages of dream analysis?
Notorious inaccuracy as a diagnostic tool and very time consuming and intense. The process however opens up dialogue which can lead to theraputic results.
