1.

The uses of the time series .

Answer»

The uses of the time series are as follows :

  • Knowing the past situation to obtain the type and measure of the variation.
  • To estimate the value of the variable in future.
  • To take proper decision for the future.
  • A comparative study can be carried out for the variations in the series.
  • To find reasons for the discrepancies between the estimates and the present values.


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