Definition: Time series analysis

Category: General concept

A procedure, using various statistical methods, aiming at decomposing a given time series into: 

a trend component; 
a cyclical component; 
a seasonal component; 
an irregular component. http://epp.eurostat.ec.europa.eu/statistics_explained/index.php/Glossary:Time_series_analysis
Source:
Statistics Explained, a distinct section of the official Eurostat website presenting all statistical topics in an easily understandable way, Glossary
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