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What Is Time Series Algorithm In Data Mining? |
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Answer» Time series ALGORITHM can be used to predict CONTINUOUS values of data. Once the algorithm is skilled to predict a series of data, it can predict the outcome of other series. The algorithm GENERATES a model that can predict TRENDS based only on the original dataset. New data can also be added that automatically becomes a part of the trend analysis. E.g. Performance ONE employee can influence or forecast the profit. Time series algorithm can be used to predict continuous values of data. Once the algorithm is skilled to predict a series of data, it can predict the outcome of other series. The algorithm generates a model that can predict trends based only on the original dataset. New data can also be added that automatically becomes a part of the trend analysis. E.g. Performance one employee can influence or forecast the profit. |
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