Time Series Is a Category of Statistical Techniques That Uses

question 11

True/False

Time series is a category of statistical techniques that uses historical data to predict future behavior.

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Definitions:

ANOVA

Stands for Analysis of Variance, a statistical method used to test differences between two or more means to see if they are statistically significant.

Analysis of Variance

A statistical method used to compare the means of three or more samples to see if at least one is significantly different from the others.

Path Analysis

A statistical technique used in social science to study the direct and indirect relationships between variables in a model.

Dependent Variable

In an experiment or study, the variable being tested and measured, expected to change as a result of variations in the independent variable.