Can someone give me the definition of time series?

Question

Can someone give me the definition of time series?

Answer 1

In statistics, signal processing, and many other fields, a time series is a sequence of data points, measured typically at successive times, spaced at (often uniform) time intervals. Time series analysis comprises methods that attempt to understand such time series, often either to understand the underlying context of the data points (where did they come from? what generated them?), or to make forecasts (predictions). Time series forecasting is the use of a model to forecast future events based on known past events: to forecast future data points before they are measured. A standard example in econometrics is the opening price of a share of stock based on its past performance.

The term time series analysis is used to distinguish a problem, firstly from more ordinary data analysis problems (where there is no natural ordering of the context of individual observations), and secondly from spatial data analysis where there is a context that observations (often) relate to geographical locations. There are additional possibilities in the form of space-time models (often called spatial-temporal analysis). A time series model will generally reflect the fact that observations close together in time will be more closely related than observations further apart. In addition, time series models will often make use of the natural one-way ordering of time so that values in a series for a given time will be expressed as deriving in some way from past values, rather than from future values (see time-reversibility.)

Methods for time series analyses are often divided into two classes: frequency-domain methods and time-domain methods. The former centre around spectral analysis and recently wavelet analysis, and can be regarded as model-free analyses well-suited to exploratory investigations. Time-domain methods have a model-free subset consisting of the examination of auto-correlation and cross-correlation analysis, but it is here that partly and fully-specified time series models make their appearance.

i hope i helped...