A time series is
A) A demand cycle that repeats itself at least once a year
B) A correlation between time and demand
C) A series of demand values from the past
D) A measure of forecast bias

Question

Quizplus · Accepted Answer

A time series is essentially a sequence of data points collected or recorded at successive points in time, often at uniform intervals. It represents how the values of a variable change over time, making option C the correct definition.

A Time Series Is